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At the beginning of the current period, Blossom Co. had a balance of $90,000 in...

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Accounting

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At the beginning of the current period, Blossom Co. had a balance of $90,000 in Accounts Receivable and a $6,300 credit balance in Allowance for Doubtful Accounts. In the period, it had net credit sales of $360,000 and collections of $325,350. It wrote off accounts receivable of $9,900 as uncollectible. After a $1,800 account was written off as uncollectible, it was subsequently collected. This is in addition to the other cash collections. Based on an aging schedule, uncollectible accounts are estimated to be $6,600 at the end of the period. (a) Record sales and collections in the period. Ignore any inventory and cost of goods sold for the purposes of this question. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.)

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