I repeated 2a below for a different format

2. a. Journalize the transactions. For a compound transaction, if an amount box does not require an entry, leave it blank. Note: For the December 31 adjusting entry, assume the $1,120,100 balance in accounts receivable reflects the adjustments made during the year.

Jan. 19-reinstate	Accounts Payable-Arlene GurleyAccounts Receivable-Arlene GurleyAllowance for Doubtful AccountsBad Debt ExpenseInterest ReceivableNotes ReceivableAccounts Receivable-Arlene Gurley	Accounts Receivable-Arlene Gurley
	Accounts Payable-Arlene GurleyAccounts Receivable-Arlene GurleyAllowance for Doubtful AccountsBad Debt ExpenseInterest ReceivableNotes ReceivableAllowance for Doubtful Accounts		Allowance for Doubtful Accounts
Jan. 19-collection	Accounts Payable-Arlene GurleyAccounts Receivable-Arlene GurleyAllowance for Doubtful AccountsBad Debt ExpenseCashNotes ReceivableCash	Cash
	Accounts Payable-Arlene GurleyAccounts Receivable-Arlene GurleyAllowance for Doubtful AccountsBad Debt ExpenseCashNotes ReceivableAccounts Receivable-Arlene Gurley		Accounts Receivable-Arlene Gurley
Apr. 3	Accounts Payable-Premier GS Co.Accounts Receivable-Premier GS Co.Allowance for Doubtful AccountsBad Debt ExpenseCashNotes ReceivableAllowance for Doubtful Accounts	Allowance for Doubtful Accounts
	Accounts Payable-Premier GS Co.Accounts Receivable-Premier GS Co.Allowance for Doubtful AccountsBad Debt ExpenseCashNotes ReceivableAccounts Receivable-Premier GS Co.		Accounts Receivable-Premier GS Co.
July 16	Accounts Payable-Hayden Co.Accounts Receivable-Hayden Co.Bad Debt ExpenseCashNotes PayableNotes ReceivableCash	Cash	Cash
	Accounts Payable-Hayden Co.Accounts Receivable-Hayden Co.Allowance for Doubtful AccountsBad Debt ExpenseInterest ReceivableNotes ReceivableAllowance for Doubtful Accounts	Allowance for Doubtful Accounts	Allowance for Doubtful Accounts
	Accounts Payable-Hayden Co.Accounts Receivable-Hayden Co.Allowance for Doubtful AccountsBad Debt ExpenseInterest ReceivableNotes ReceivableAccounts Receivable-Hayden Co.	Accounts Receivable-Hayden Co.	Accounts Receivable-Hayden Co.
Nov. 23-reinstate	Accounts Payable-Harry CarrAccounts Receivable-Harry CarrAllowance for Doubtful AccountsBad Debt ExpenseCashInterest ReceivableAccounts Receivable-Harry Carr	Accounts Receivable-Harry Carr
	Accounts Payable-Harry CarrAccounts Receivable-Harry CarrAllowance for Doubtful AccountsBad Debt ExpenseCashInterest ReceivableAllowance for Doubtful Accounts		Allowance for Doubtful Accounts
Nov. 23-collection	Accounts Payable-Harry CarrAccounts Receivable-Harry CarrAllowance for Doubtful AccountsBad Debt ExpenseCashInterest ReceivableCash	Cash
	Accounts Payable-Harry CarrAccounts Receivable-Harry CarrAllowance for Doubtful AccountsBad Debt ExpenseCashInterest ReceivableAccounts Receivable-Harry Carr		Accounts Receivable-Harry Carr
Dec. 31-write-off	Accounts PayableAccounts ReceivableAllowance for Doubtful AccountsBad Debt ExpenseCashNotes ReceivableSalesAllowance for Doubtful Accounts	Allowance for Doubtful Accounts	Allowance for Doubtful Accounts
	Accounts Payable-Cavey Co.Accounts Receivable-Cavey Co.Allowance for Doubtful AccountsBad Debt ExpenseCashNotes ReceivableSalesAccounts Receivable-Cavey Co.	Accounts Receivable-Cavey Co.	Accounts Receivable-Cavey Co.
	Accounts Payable-Fogle Co.Accounts Receivable-Fogle Co.Allowance for Doubtful AccountsBad Debt ExpenseCashNotes ReceivableSalesAccounts Receivable-Fogle Co.	Accounts Receivable-Fogle Co.	Accounts Receivable-Fogle Co.
	Accounts Payable-Lake FurnitureAccounts Receivable-Lake FurnitureAllowance for Doubtful AccountsBad Debt ExpenseCashNotes ReceivableSalesAccounts Receivable-Lake Furniture	Accounts Receivable-Lake Furniture	Accounts Receivable-Lake Furniture
	Accounts Payable-Melinda ShryerAccounts Receivable-Melinda ShryerAllowance for Doubtful AccountsBad Debt ExpenseCashNotes ReceivableSalesAccounts Receivable-Melinda Shryer	Accounts Receivable-Melinda Shryer	Accounts Receivable-Melinda Shryer
Dec. 31-adjusting	Accounts PayableAccounts ReceivableAllowance for Doubtful AccountsBad Debt ExpenseCashIncome SummaryBad Debt Expense	Bad Debt Expense
	Accounts PayableAccounts ReceivableAllowance for Doubtful AccountsBad Debt ExpenseCashIncome SummaryAllowance for Doubtful Accounts		Allowance for Doubtful Accounts

Entries Related to Uncollectible Accounts The following transactions were completed by The Wild Trout Gallery during the current fiscal year ended December 31: Jan. 19. Apr. 3. July 16. Nov. 23. Dec. 31. Dec. 31. Reinstated the account of Arlene Gurley, which had been written off in the preceding year as uncollectible. Journalized the receipt of $2,210 cash in full payment of Arlene's account. Wrote off the $12,660 balance owed by Premier GS Co., which is bankrupt. Received 45% of the $22,700 balance owed by Hayden Co., a bankrupt business, and wrote off the remainder as uncollectible. Reinstated the account of Harry Carr, which had been written off two years earlier as uncollectible. Recorded the receipt of $3,600 cash in full payment. Wrote off the following accounts as uncollectible (one entry): Cavey Co.,$9,525; Fogle Co., $2,830; Lake Furniture, $7,270; Melinda Shryer, $2,055. Based on an analysis of the $1,120,100 of accounts receivable, it was estimated that $48,700 will be uncollectible. Journalized the adjusting entry. Required: 1. Record the January 1 credit balance of $46,400 in a T account presented below in requirement 2b for Allowance for Doubtful Accounts. 2. a. Journalize the transactions. For a compound transaction, if an amount box does not require an entry, leave it blank. Note: For the December 31 adjusting entry, assume the $1,120,100 balance in accounts receivable reflects the adjustments made during the year. Required: 1. Record the January 1 credit balance of $46,400 in a T account presented below in requirement 2b for Allowance for Doubtful Accounts. 2. a. Journalize the transactions. For a compound transaction, if an amount box does not require an entry, leave it blank. Note: For the December 31 adjusting entry, assume the $1,120,100 balance in accounts receivable reflects the adjustments made during the year. Jan. 19-reinstate Jan. 19-collection Apr. 3 July 16 Nov. 23-reinstate Nov. 23-collection Dec. 31-write-off Dec. 31-adjusting 0 0 0 0 0 0 0 2. b. Post each entry that affects the following T accounts and determine the new balances: Allowance for Doubtful Accounts Jan. 1 Balance Dec. 31 Adjusted Balance Bad Debt Expense 3. Determine the expected net realizable value of the accounts receivable as of December 31 (after all of the adjustments and the adjusting entry). 4. Assuming that instead of basing the provision for uncollectible accounts on an analysis of receivables, the adjusting entry on December 31 had been based on an estimated expense of of 1% of the sales of $6,920,000 for the year, determine the following: a. Bad debt expense for the year. b. Balance in the allowance account after the adjustment of December 31. c. Expected net realizable value of the accounts receivable as of December 31 (after all of the adjustments and the adjusting entry)