M8-5 (Algo) Recording Write-Offs and Bad Debt Expense Using the Allowance Method [LO 8-2] Requlred: Prepare journal entrles for each transaction IIsted. (If no entry is requlred for a transactlon/event, select "No Journal Entry Requlred' In the first account field.) a. At the end of June, bad debt expense is estimated to be $12,600. b. In July, customer balances are written off in the amount of $6,300. Journal entry worksheet Record the estimated bad debt expense of $12,600. Note: Enter debits before credits. M8-5 (Algo) Recording Write-Offs and Bad Debt Expense Using the Allowance Method [LO 8-2] Requlred: Prepare journal entrles for each transaction Iisted. (If no entry is required for a transactlon/event, select "No Journal Entry Required" In the first account field.) a. At the end of June, bad debt expense is estimated to be $12,600. b. In July, customer balances are written off in the amount of $6,300. Journal entry worksheet Record the customer balances written off in the amount of $6,300. Note: Enter debits before credits