MESSAGE HY INSTRUCTOR FULLSCREEN PRINTER VERSION BACK Exercise 9-07 At December 31, 2019, Pharoah Company had a credit balance of $18,100 in Allowance for Doubtful Accounts. During 2020, Pharoah wrote off accounts totaling $12,900. One of those accounts ($2,100) was later collected. At December 31, 2020, an aging schedule indicated that the balance in Allowance for Doubtful Accounts should be $23,700. Prepare journal entries to record the 2020 transactions of Pharoah Company. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation (To record amount written off) (To reverse write-off) (To record collection of writeoff) (To recard estimated bad debts for the year) Debit Credit NEXT