The notes and tables below provide information about the Accounts Receivable for C&S, Inc. Accounts Receivable,...

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The notes and tables below provide information about the Accounts Receivable for C&S, Inc. Accounts Receivable, net consists of the following: 2015 Year ended Dec 31 2016 Accounts Receivable 104,520 86,904 (7,946) Less: Allowance for doubtful accounts (7,360) Accounts Receivables, net 96,574 79,544 Assume that C&S had total credit sales (before allowances) of $1,400,000 in 2016. At the beginning of 2016, C&S' accountants estimate that a total of 1% of credit sales will be uncollectible. In the questions below, be sure to label each account as Asset (A), Contra-Asset (CA), Liability (L), or Equity (E). (a) Use the BSE to record credit sales and the allowance for doubtful accounts for C&S for 2016 (b) Use the BSE to record the C&S write off of accounts receivables for 2016 The notes and tables below provide information about the Accounts Receivable for C&S, Inc. Accounts Receivable, net consists of the following: 2015 Year ended Dec 31 2016 Accounts Receivable 104,520 86,904 (7,946) Less: Allowance for doubtful accounts (7,360) Accounts Receivables, net 96,574 79,544 Assume that C&S had total credit sales (before allowances) of $1,400,000 in 2016. At the beginning of 2016, C&S' accountants estimate that a total of 1% of credit sales will be uncollectible. In the questions below, be sure to label each account as Asset (A), Contra-Asset (CA), Liability (L), or Equity (E). (a) Use the BSE to record credit sales and the allowance for doubtful accounts for C&S for 2016 (b) Use the BSE to record the C&S write off of accounts receivables for 2016