A. Journalize the adjusting entry for bad debts at December 31, 2021. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Post the adjusting entry for bad debts at December 31, 2021.

B. Journalize the following events and transactions in the year 2022. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

(1)		March 1, a $1,100 customer balance originating in 2021 is judged uncollectible.
(2)		May 1, a check for $1,100 is received from the customer whose account was written off as uncollectible on March 1.

Post to the allowance account the events and transactions in the year 2022.

Bad Debt Expense
12/31/21	30,018
12/31/21 Bal.	30,018
Allowance for Doubtful Accounts
		12/31/21 Bal.	11,500
		12/31/21	30,018
		12/31/21 Bal.	41,518
choose a transaction date 12/31/2112/31/21 Bal.3/1/225/1/22	enter a debit amount	choose a transaction date 12/31/2112/31/21 Bal.3/1/225/1/22	enter a credit amount

C. Journalize the adjusting entry for uncollectibles at December 31, 2022, assuming that the unadjusted balance in Allowance for Doubtful Accounts is a debit of $870 and the aging schedule indicates that total estimated uncollectibles will be $29,100. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Presented below is an aging schedule for Metlock, Inc. at December 31, 2021. Number of Days Past Due Not Yet Due Over 90 Customer Total 1-30 31-60 61-90 Aneesh $ 23,400 $10,600 $12,800 Bird 36,100 $36,100 Cope 56,000 5,100 5,500 $45,400 DeSpears 35,000 $35,000 Others 125,100 94,600 15,500 15,000 $275,600 $135,800 $31,600 $27,800 $45,400 $35,000 Estimated percentage uncollectible 3% 7% 12% 24% 60% Total estimated uncollectibles $ 41,518 $ 4.074 $ 2.212 $ 3,336 $ 10,896 $21,000 Presented below is an aging schedule for Metlock, Inc. at December 31, 2021. Number of Days Past Due Not Yet Due Over 90 Customer Total 1-30 31-60 61-90 Aneesh $ 23,400 $10,600 $12,800 Bird 36,100 $36,100 Cope 56,000 5,100 5,500 $45,400 DeSpears 35,000 $35,000 Others 125,100 94,600 15,500 15,000 $275,600 $135,800 $31,600 $27,800 $45,400 $35,000 Estimated percentage uncollectible 3% 7% 12% 24% 60% Total estimated uncollectibles $ 41,518 $ 4.074 $ 2.212 $ 3,336 $ 10,896 $21,000