At the beginning of the current period, swifty corporation had balances in accounts receivable of $195,100 and in allowance for doubtful accounts of $9,350 (credit). during the period, it had net credit sales of $745,500 and collections of $835,120. it wrote off as uncollectible accounts receivable of $7,831. however, a $3,184 account previously written off as uncollectible was recovered before the end of the current period. uncollectible accounts are estimated to total $24,100 at the end of the period. (omit cost of goods sold entries.)

(a) prepare the entries to record sales and collections during the period.

(b) prepare the entry to record the write-off of uncollectible accounts during the period.

(c) prepare the entries to record the recovery of the uncollectible account during the period.

(d) prepare the entry to record bad debt expense for the period. (credit account titles are automatically indented when the amount is entered. do not indent manually.)

(e) determine the ending balances in accounts receivable and allowance for doubtful accounts.

(f) what is the net realizable value of the receivables at the end of the period?

Northern lights electronics just completed plans to distribute its new tablet. the product has several unique features that differentiate it from competitor products. the marketing team plans to begin a roll-out with to only one traditional retailer for the first two months. this strategy will give consumers the perception of the product’s stand-out personality and increase demand. marketing will proceed with for the next four months, where it plans to distribute to three other retailers, as well. for the last six months of the year, it will initiate distribution agreements with discount retailers and online retailers, and any other electronics store that wants to carry it. the marketing team is confident that the tablet will cycle through the first three stages of its product life cycle quickly. as the tablet reaches maturity during the second half of its first year in the market, it is good strategy to proceed with as described above. intensive distribution; selective distribution; exclusive distribution exclusive distribution; selective distribution; intensive distribution tertiary level distribution; secondary level distribution; mono-level distribution mono-level distribution; secondary level distribution; tertiary level distribution