Gilmore Electronics had the following data for a recent year:

Cash sales ....................$ 26,700

Credit sales ..................... 428,600

Accounts receivable determined to be uncollectible .... 6,300

Gilmore uses the allowance procedure to record bad debt expense. The firm’s estimated rate for bad debts is 2.15 percent of credit sales.

Required:

1. Prepare the journal entry to write off the uncollectible accounts.

2. Prepare the journal entry to record bad debt expense.