Question: with this information. solve both charts please. Macrosoft develops, produces, and markets a wide range of computer software, including the Windows operating system. On its

with this information. solve both charts please. with this information. solve both charts please. Macrosoft develops, produces, and marketsa wide range of computer software, including the Windows operating system. On

its recent financial statements, Macrosoft reported the following information about net sales

Macrosoft develops, produces, and markets a wide range of computer software, including the Windows operating system. On its recent financial statements, Macrosoft reported the following information about net sales revenue and accounts receivable (amounts in millions). According to its Form 10-K, Macrosoft recorded bad debt expense of $127 and there were no bad debt recoveries during the current year. Required: 1. Using the following T-account for Allowance for Doubtful Accounts, what amount of bad debts was written off during the current year? 2. Using the following T-account for Accounts Receivable (Gross), solve for cash collected from customers for the current year, assuming that all of Macrosoft's sales during the period were on open account. Allowance for Doubtful Accounts Accounts Receivable (Gross)

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