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Exercise 8-3 At the beginning of the current period, Whispering Winds Corp. had balances in Accounts Receivable of $200,600 a
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Debit Credit
a Accounts Receivable 770000
       Sales revenue 770000
Cash 746470
      Accounts Receivable 746470
b Allowance for Doubtful Accounts 7481
      Accounts Receivable 7481
c Accounts Receivable 2870
       Allowance for Doubtful Accounts 2870
Cash 2870
      Accounts Receivable 2870
d Bad Debts expense 17881 =22900-(9630-7481+2870)
       Allowance for Doubtful Accounts 17881
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