E8-1 Recording Bad Debt Expense Estimates and Write-Offs Using the Aging of Receivables Method [LO 8-2] Blackhorse Productions, Inc., used the aging of accounts receivable method to esumate that its Allowance for Doubtful Accounts should be $19,500. The account had an unadjusted credit balance of $10,000 at that time Required: Prepare journal entries for each of the following (if no entry is required for In the first account field.) transaction/event, select "No Journal Entry Required" a. The appropriate bad debt adjustment was recorded. b. Later, an account receivable for $1,000 was determined to be uncollectible and was written off View transaction list Journal entry worksheet Record the end of period adjustment for bad debts under the aging of accounts receivable method. Note: Enter debits before credits Debit Credit E8-1 Recording Bad Debt Expense Estimates and Write-Offs Using the Aging of Receivables Method (LO 8-2] Blackhorse Productions, Inc, used the aging of accounts receivable method to estimate that its Allowance for Doubtful Accounts should be $19,500. The account had an unadjusted credit balance of $10.000 at that time. Required: Prepare journal entries for each of the following. (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 b. Later, an account receivable for $1,000 was determined to be uncollectible and was written off. View transaction list Journal entry worksheet Record the write-off of a certain customer account from a prior year which is not collectible totaling $1.000. Nota: Enter debits before credits Transaction General Journal Debit Credit