The accounts receivable balance for Don's Shoe Repair at December 31, 2013, was $76,000. Also on that date, the balance in the Allowance for Doubtful Accounts was $3,200. During 2014, $2,900 of accounts receivable were written off as uncollectible. In addition, Don's Shoe Repair unexpectedly collected $200 of receivables that had been written off in a previous accounting period. Sales on account during 2014 were $210,000, and cash collections from receivables were $215,000. Uncollectible accounts expense was estimated to be 1 percent of the sales on account for the period.

Required
a. Record the transactions in general journal form and post them to T-accounts.
b. Based on the preceding information, compute (after year-end adjustment):
(1) Balance of Allowance for Doubtful Accounts at December 31, 2014.
(2) Balance of Accounts Receivable at December 31, 2014.
(3) Net realizable value of Accounts Receivable at December 31, 2014.
c. What amount of uncollectible accounts expense will Don's Shoe Repair report for 2014?
d. Explain how the $200 recovery of receivables affected the accounting equation.