Exercise 8-6 1, On December 31, 2016, when its Allowance for Doubtful Accounts had a debit balance of $1,403, Bridgeport Corp. estimates that 996 of its accounts receivable balan of $94,500 will become uncollectible and records the necessary adjustment to Allowance for Doubtful Accounts. 2. On May 11, 2017, Bridgeport Corp. determined that B. Jared's account was uncollectible and wrote off $1,179. 3. On June 12, 2017, Jared paid the amount previously written off. Prepare the journal entries on December 31, 2016, May 11, 2017, and June 12, 2017. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Date Account Titles and Explanation Debit Credit 1. December 31, 2016 Bad Debt Expense lowance for Doubtful Accounts 2. May 11, 2017 Allowance for Doubtful Accounts Accounts Receivable 3. June 12, 2017 Accounts Receivable lowance for Doubtful Accounts (To reinstate Cash account previously written off) Accounts Receivable