M8-5 Recording Write-Offs and Bad Debt Expense Using the Allowance Method [LO 8-2) Prepare journal entries for each transaction listed. (If no entry is required for a transaction/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. View transaction list Journal entry worksheet Record the estimated bad debt expense of 12,600. Note: Enter debits before credits Transaction General Journal Debit Credit View transaction list Journal entry worksheet Record the estimated bad debt expense of 12,600. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal View transaction list Journal entry worksheet Record the customer balances written off in the amount of $6,300. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal