Recording Write-Offs and Bad Debt Expense Using the Allowance Method Prepare journal entries for each transaction listed.

Question:

Recording Write-Offs and Bad Debt Expense Using the Allowance Method Prepare journal entries for each transaction listed.
a. At the end of June, bad debt expense is estimated to be $ 14,000.
b. In July, customer balances are written off in the amount of $ 7,000.