Question: b. Journalize the write-offs under the allowance method. Also, journalize the adji uncollectible accounts. The company recorded $2,470,000 of credit sales during ti history and

 b. Journalize the write-offs under the allowance method. Also, journalize the
adji uncollectible accounts. The company recorded $2,470,000 of credit sales during ti

b. Journalize the write-offs under the allowance method. Also, journalize the adji uncollectible accounts. The company recorded $2,470,000 of credit sales during ti history and industry averages, 1-1/2% of credit sales are expected to be uncollect does not require an entry, leave it blank. e Allowance for Doubtful Accounts 30,700 Accounts Receivable-Shawn Brooke 8,901 Accounts Receivable-Eve Denton 8,300 Accounts Receivable-Art Malloy 11,400 Accounts Receivable-Cassie Yost 2,100 Adiustment Bad Debt Expense 24,700 x Allowance for Doubtful Accounts 1,235 b. Journalize the write-offs under the allowance method. Also, journalize the adjusting entry for uncollectible accounts. The company recorded $2,470,000 of credit sales during the year. Based on past history and industry averages, 1-1/2% of credit sales are expected to be uncollectible. If an amount box does not require an entry, leave it blank. Write-off Allowance for Doubtful Accounts 30,700 Accounts Receivable-Shawn Brooke 8,900 Accounts Receivable-Eve Denton 8,300 Accounts Receivable-Art Malloy 11,400 Accounts Receivable-Cassie Yost 2,100 Adjustment Bad Debt Expense 3,500 Allowance for Doubtful Accounts 1,235 x

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