[The following information applies to the questions displayed below.] Web Wizard,...

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Accounting

[The following information applies to the questions displayed below.]

Web Wizard, Inc. has provided information technology services for several years. The company uses the percentage of credit sales method to estimate bad debts for internal monthly reporting purposes. At the end of each quarter, the company adjusts its records using the aging of accounts receivable method. The company entered into the following partial list of transactions during the first quarter.

a. During January, the company provided services for $43,000 on credit.
b. On January 31, the company estimated bad debts using 2 percent of credit sales.
c. On February 4, the company collected $21,500 of accounts receivable.
d. On February 15, the company wrote off a $100 account receivable.
e. During February, the company provided services for $33,000 on credit.
f. On February 28, the company estimated bad debts using 2 percent of credit sales.
g. On March 1, the company loaned $3,000 to an employee who signed a 6% note, due in 6 months.
h. On March 15, the company collected $100 on the account written off one month earlier.
i. On March 31, the company accrued interest earned on the note.
j.

On March 31, the company adjusted for uncollectible accounts, based on an aging analysis (below). Allowance for Doubtful Accounts has an unadjusted credit balance of $1,230.

Number of Days Unpaid
Customer Total 030 3160 6190 Over 90
Alabama Tourism $ 200 $ 100 $ 80 $ 20
Bayside Bungalows 430 $ 430
Others (not shown to save space) 17,600 7,100 8,700 1,000 800
Xciting Xcursions 400 400
Total Accounts Receivable $ 18,630 $ 7,600 $ 8,780 $ 1,020 $ 1,230
Estimated uncollectible (%) 3 % 15 % 20 % 30 %

Show how Accounts Receivable, Notes Receivable, and their related accounts would be reported in the current assets section of a classified balance sheet.

I already made the journal entries and everything, and everything I did is correct, but I cannot find the correct accounts recievable to put in the classified balance sheet. I thought it would be $54,500 but that keeps getting marked as wrong. Please help!

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