Question: kindly solve CALCULATOR PRINTER VERSION 1 BACK NEXT Question 21 On December 31, 2021, when its Allowance for Doubtful Accounts had a debit balance of
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CALCULATOR PRINTER VERSION 1 BACK NEXT Question 21 On December 31, 2021, when its Allowance for Doubtful Accounts had a debit balance of $1,529, Metlock, Inc. estimates that 7% of its accounts receivable balance of $77,800 will become uncollectible and records the necessary adjustment to Allowance for Doubtful Accounts. On May 11, 2022, Metlock, Inc. determined that B. Jared's account was uncollectible and wrote off $1,168. On June 12, 2022, Jared paid the amount previously written off. Prepare the journal entries on December 31, 2021, May 11, 2022, and June 12, 2022. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit May 11, 2022 June 12, 2022 June 12, 2022 Accounts Receivable Allowance for Doubtful Accounts (To reinstate account previously written off) Cash 11.35 Accounts Receivable 11.35 Click if you would like to Show Work for this question: Open Show Work D()ENG 10:41 AM E
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