icekreme inc makes ice cream machines for sale to ice cream parlours/

Determine the amount of receivables that may not be collectible in the future, and prepare the journal entry to record bad debt expense at June 30, 2014, the company fiscal year- end.
3. IceKreme net trade receivables were $ 60,000 at June 30, 2013. Calculate IceKreme average collection period for fiscal year 2014 and explain its meaning.
4. Evaluate IceKreme average collection period, knowing that two major competitors, Julia Corp. and Pino Ltd., reported average collection periods of 18.3 days and 30.7 days, respectively, for fiscal year 2014.