Current Attempt in Progress Accounts receivable transactions are provided below for J Carla Vista Co. Dec. 31, 2023 Mar. 5, 2024 June 6, 2024 (a) ite The company estimated that 5% of its accounts receivable would become uncollectible. The balances in the Accounts Receivable account and Allowance for Doubtful Accounts were $690,000 and $2,500 (debit), respectively. 2023 The company determined that R. Mirza's $3,500 account and D. Wight's $6,600 account were uncollectible. The company's accounts receivable were $723,300 before the accounts were written off. Wight paid the amount that had been written off on March 5. The company's accounts receivable were $679,900 prior to recording the cash receipt for Wight. Your answer is partially correct. Prepare the journal entries on December 31, 2023, March 5, 2024, and June 6, 2024. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries. Record journal entries in the order presented in the problem.) Account Titles A Bad Debt Expense Debit 375000 Credit

Post the journal entries to Allowance for Doubtful Accounts and calculate the new balance after each entry. Accounts receivable transactions are provided below for J Carla Vista Co. Dec. 31,2023 The company estimated that 5% of its accounts receivable would become uncollectible. The balances in the Accounts Receivable account and Allowance for Doubtful Accounts were $690,000 and $2,500 (debit), respectively. Mar.5,2024 The company determined that R. Mirza's $3,500 account and D. Wight's $6,600 account were uncollectible. The company's accounts receivable were $723,300 before the accounts were written off. June 6,2024 Wight paid the amount that had been written off on March 5. The company's accounts receivable were $679,900 prior to recording the cash receipt for Wight. lal riepare une journar entries on vecember 31,2U23, March 5, 2024, and June 6, 2024. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account tities and enter O for the amounts. List all debit entries before credit entries. Record joumal entries in the order presented in the problem.) Allowance for Doubtful Accounts Accounts Receivable (To record write off of accounts receivable of R. Mirza.) (To record write off of accounts receivable of D. Wight.) Accounts Receivable Alowance for Doubtful Accounts (To reverse write off.) Accounts Receivable (Collection of account that was previously written off.)