CALCULATOR FULL SCREEN PRINTER VERSION 4 BACK NEXT Problem 9-05A a-e At December 31, 2020, the trial balance of Sheridan Company contained the following amounts before adjustment. Debit Credit $384,000 Accounts Receivable Allowance for Doubtful Accounts Sales Revenue $ 1,100 999,600 Based on the information given, which method of accounting for bad debts is Sheridan Company using--the direct write-off method or the allowance method? SHOW LIST OF ACCOUNTS LINK TO TEXT (b) Prepare the adjusting entry at December 31, 2020, for bad debt expense, assuming an aging schedule indicates that $11,000 of accounts receivable will be uncollectible. (c) Repeat part (b) assuming that instead of a credit balance there is a $1,100 debit balance in Allowance for Doubtful Accounts. (d) During the next month, January 2021, a $3,200 account receivable is written off as uncollectible. Prepare PRINTER VERSION 4 BACK NEXT (d) During the next month, January 2021, a $3,200 account receivable is written off as uncollectible. Prepare the journal entry to record the write-off. (e) Repeat part (d) assuming that Sheridan uses the direct write-off method instead of the allowance method in accounting for uncollectible accounts receivable. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No Account Titles Debit Credit (b) c) (d) (e ) Click if you would like to Show Work for this question: Open Show Work