Long Co. has requested that you prepare journal entries from the following (this company uses the Allowance for Doubtful Accounts method based on the income statement approach):
2012
Dec. 31 Recorded Bad Debts Expense of $17,000.
2013
Jan. 7 Wrote off Gene Salmi’s account of $700 as uncollectible.
Mar. 5 Wrote off Paul Jordan’s account of $1,000 as uncollectible.
July 8 Recovered $350 from Paul Jordan.
Aug. 19 Wrote off Bob Shaddix’s account of $1,400 as uncollectible.
Aug. 24 Wrote off Jill Noonan’s account of $700 as uncollectible.
Nov. 19 Recovered $250 from Bob Shaddix.