Outdoor Equipment (OE) sells camping equipment. On December 1, the accounts receivable account had a balance of $50,000, the bad debt expense account had a balance of $0, and the allowance for doubtful account had a credit balance of $5,000. Journalize the remaining journal entries for the 2017 year.
Dec.

2. Sold tents for $5,000 on account with a cost of $2,500.
20. Determined that the total accounts of Rocky Co. with an accounts receivable balance of $1,200 and Grouse Co. with an accounts receivable balance of $2,500 were uncollectible and needed to be written off.
23. Unexpectedly received payment from Grouse Co. for $2,500. 

31. Estimated that 10% of accounts receivable recorded to date would be uncollectible.

Required
1. Prepare journal entries to record the transactions. 

2. Draw and fill in the T-account for accounts receivable, bad debt expense, and allowance for doubtful accounts. Determine the ending balance for each account.