Answer the following questions using the information provided in E9- 4.

Required
Prepare the journal entries required to record each of the following events.
a. The bad debt provision for the current year, assuming that the company estimates its uncollectible accounts at 3% of net credit sales.
b. Giaraldi€™s credit management decided to write off all accounts that were more than 90 days past due.
c. A year after the write- offs recorded in part (b), assume that On3ix Construction pays the entire balance due.

Giaraldi Garden Products: Aged Schedule of Accounts Receivable Past Due Customer Carey Company Gibson, Ltd KW Quarterty Onix Construction Carpenter Lumber Totals Curent 1-30 Days 31-60 Days 61-90 Days Over 90 Days Total $10,000 34,500 44,500 450,000 101,500 235,500 512,500 S127000 1344,000 $423,000 27000 33,000 67000 100,000 1,500 90,500 500 45,000 387000 125,000 810,000 $185,000 $167000 55,000