On 30 June 2012, Crawford Company estimated that 1.5% of its net sales of $400,000 will become

Question:

On 30 June 2012, Crawford Company estimated that 1.5% of its net sales of $400,000 will become uncollectable. The company recorded this amount as an addition to Allowance for Doubtful Debts. On 11 November 2012, Crawford Company determined that Kevin Hayes's account was uncollectable and wrote off $1,100. On 12 December 2012, Hayes paid the amount previously written off.

Instructions

Prepare the journal entries on 30 June 2012, 11 November 2012 and 12 December 2012.