a. Sold $1,349,300 of merchandise on credit (that had cost $977,700), terms n/30.
b. Wrote off $21,600 of uncollectible accounts receivable.
C. Received $669.100 cash in payment of accounts receivable.
d. In adjusting the accounts on December 31, the company estimated that 2.70% of accounts receivable would be uncollectible.