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At the beginning of the current period, Ayayai Corp. had balances Accounts Receivable of $244,000 and in Allowance for Doubtful Accounts of $10,980. During the period, it had net credit sales of $976,000 and collections of $930,860. It wrote off uncollectible accounts receivable of $8,906. Uncollectible accounts are estimated to total $30,500 at the end of the period. (Omit recording cost of goods sold.) (a -c) Enter the beginning balances for Accounts Receivable and Allowance for Doubtful Accounts in a tabular summary. Use the summary to record transactions (a), (b), and (c) below. (a) (b) (c) Record sales and collections during the period. Record the write-off of uncollectible accounts during the period. Record bad debt expense for the period. Decreases in assets, liabilities, or stockholders' equity require a negative sign or parentheses. Increases in expenses require a negative sign or parentheses. Increases to Allowance for Doubtful Accounts require a negative sign or parentheses.

At the beginning of the current period, Ayayai Corp, had balances in Accounts Receivable of $244,000 and in Allowance for Doubtful Accounts of $10,980. During the period, it had net credit sales of $976,000 and collections of $930,860. It wrote off uncollectible. accounts receivable of $8,906. Uncollectible accounts are estimated to total $30,500 at the end of the period. (Omit recording cost of goods sold) (ac) Enter the beginning balances for Accounts Receivable and Allowance for Doubtful Accounts in a tabular summary. Use the summary to record transactions (a), (b), and (c) below, (a) Record sales and collections during the period. (b) Rocord the write-off of uncollectble accounts during the period. (c) Record bad debt expense for the period. - Decreoses in assets, liobilities, or stocicholders' equity require a negative sign or parentheses. - Increases in expenses require a negative sign or parentheses. - Increases to Allowance for Doubtful Accounts require a negative sign or parentheses

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