The following information appeared on Storm, Inc.'s balance sheet for the most recent year. This YearLast YearGross Accounts Receivable$350$320Allowance for Doubtful Accounts$40$50Net Accounts Receivable$310$270The company also reported Credit sales of $420 for This Year. Bad debt expense for This Year was $15 and no accounts have been written off during This Year. How much were cash collections from customers This Year

Mesa company produces wooden rocking chairs. the company has two production departments, cutting and assembly. the wood is cut and sanded in cutting and then transferred to assembly to be assembled and painted. from assembly, the chairs are transferred to finished goods inventory and then are sold. mesa has compiled the following information for the month of february: cutting department assemblydepartmentdirect materials $ 73,000 $ 13,000direct labor 73,000 108,000applied manufacturing overhead 159,000 171,000cost of goods completed and transferred out 233,000 255,000required: 1, 2, 3, & 4. prepare journal entries for the transactions in the cutting and assembly departments of mesa company. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.)