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WOgress Assume the following information for Kingbird Corp. Accounts receivable (beginning balance) Allowance for doubtful...

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Accounting

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WOgress Assume the following information for Kingbird Corp. Accounts receivable (beginning balance) Allowance for doubtful accounts (beginning balance) Net credit sales Collections Write-offs of accounts receivable Collections of accounts previously written off $139,000 11,370 944,000 908,000 5.300 1,800 Uncollectible accounts are expected to be 8% of the ending balance in accounts receivable. (a) Prepare the entries to record sales and collections during the period. (Credit account tities are automatically indented when the amount is entered. Do not indent manually) Account Titles and Explanation Debit Credit To record sales on account) (To record collection of accounts receivable)

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