E8-1 Recording Bad Debt Expense Estimates and Write-Offs Using the Aging of Receivables Method [LO 8-2] At the end of 2013, Blackhorse Productions, Inc., used the aging of accounts receivable method to estimate that its Allowance for Doubtful Accounts should be $19,400. The account had an unadjusted credit balance of $12,000 at December 31, 2013. Required: Prepare journal entries for each transaction. (If no entry is required for a transaction/event, select ''No Journal Entry Required'' in the first account field.) a. The appropriate bad debt adjustment was recorded for the year 2013. b. On January 31, 2014, an account receivable for $1,200 from March 2013 was determined to be uncollectible and was written off. Transaction General Journal Debit Credit a No Transaction Recorded b No Transaction Recorded