FULL SCREEN PRINTER VERSION BACK (b) Prepare the adjusting entry at March 31 to record bad debts expense. (c) What is the carrying amount of the receivables at March 31? ES-5 On December 31, 2017, when its accounts receivable were $300,000 and its account Allowance for Doubtful Accounts had an unadjusted debit balance of $2,000, Ceja Corp. estimated that $16,800 of its accounts receivable would become uncollectible, and it recorded the bad debts adjusting entry. On May 11, 2018, Ceja determined that Fei Ya Cheng's account was uncollectible and wrote off S1,900. On November 12, 2018, Cheng paid the amount previously written off. Instructions (a) Prepare the required journal entries to record each of the above transactions. (b) What is the carrying amount of the receivables on (1) December 31, 2017: (2) May 11, 2018; and (3) November 12, 2018 assuming that the total amount of accounts receivable of $300,000 is unchanged on each of these three dates except for any changes recorded in part (a)? E8-6 At the beginning of March, Paragon Limited, which records adjusting entries at the end of each month, had an Accounts Version 4.24.1 Sons Ins Al Rights Reserved. A Divns on of Ichn Wilry& Son ins Show al ING-1534/pg IMG 1533jpg pg 6-55 PM ENG 209-03-2a