$($a$)$ Prepare the adjusting entry on December $31,2022,$ for bad debts expense Using aging

of receivables.

$($c$)$ Repeat part $($b$),$ assuming that instead of a credit balance there is a $800$ debit balance

in the Allowance for Doubtful Accounts.

$($d$)$ During the year, account receivables totaling $$20,000$ is written off as uncollectible.

Prepare the journal entry to record the write$-$off.CROWN COMPANY

At December $31,2022,$ the trial balance of Crown Company contained the following

amounts before adjustment.

Accounts Receivable

Allowance for Doubtful Accounts

Sales Revenue

Aging of Accounts Receivables

Debits Credits

$$500,000,$$$800$

$,2,400,000$

Instructions

$($a$)$ Prepare the adjusting entry on December $31,2022,$ for bad debts expense Using aging

of receivables.

$($c$)$ Repeat part $($b$),$ assuming that instead of a credit balance there is a $800$ debit balance

in the Allowance for Doubtful Accounts.

$($d$)$ During the year, account receivables totaling $$20,000$ is written off as uncollectible.

Prepare the journal entry to record the write$-$off.