Atlas Travel ended 2012 with Accounts Receivable of $90,000 and an Allowance for Doubtful Accounts balance of $8,000. During 2013, Atlas Travel had the following activity:
a. Service revenue earned on account, $600,000.
b. Collections on account, $580,000.
c. Write-offs of un-collectibles, $15,000.
d. Bad Debt Expense, estimated as 2% of service revenue.
Journalize Atlas Travel’s activity for 2013.