Your Answer Correct Answer Your answer is partially correct Determine the ending balances in Accounts Receivable and Allowance for Doubtful Accounts Ending balance in Accounts Receivable 109052 Ending balance in Allowance for Doubtful Accounts 7798 eTextbook and Media Solution List of Accounts (f) What is the net realizable value of the receivables at the end of the period? Net realizable value of the receivables at the end of the period $ eTextbook and Media List of Accounts Save for Later Attempts: 2 of 2 used Attempts: 0 of 2 used Submit Answer No. Account Titles and Explanation (a) Accounts Receivable Sales Revenue (To record sales) Cash Debit 744100 829950 Accounts Receivable (To record cash received) (b) Allowance for Doubtful Accounts 7798 Accounts Receivable (c) Accounts Receivable 2979 Allowance for Doubtful Accounts (To reinstate account previously written off) Cash Accounts Receivable (To record cash received) (d) Bad Debt Expense Allowance for Doubtful Accounts eTextbook and Media 2979 22439 Credit 744100 829950 7798 2979 2979 22439 At the beginning of the current period, Larkspur Corp. had balances in Accounts Receivable of $202,700 and in Allowance for Doubtful Accounts of $9.200 (credit). During the period, it had net credit sales of $744,100 and collections of $829,950. It wrote off as uncollectible accounts receivable of $7,798. However, a $2.979 account previously written off as uncollectible was recovered before the end of the current period. Uncollectible accounts are estimated to total $26,820 at the end of the period. (Omit cost of goods sold entries)