O Required information E8-9 (Algo) Recording and Determining the Effects of Write-Offs, Recoveries, and Bad Debt Expense Estimates on the Balance Sheet and Income Statement [LO 8-2] [The following information applies to the questions displayed below] Fraud Investigators Incorporated operates a fraud detection service. a. On March 31, 10 customers were billed for detection services totaling $26,000. b. On October 31, a customer balance of $1,550 from a prior year was determined to be uncollectible and was written off. c. On December 15, a customer paid an old balance of $890, which had been written off in a prior year. d. On December 31, $510 of bad debts were estimated and recorded for the year. E8-9 (Algo) Part 1 Required: 1. Prepare journal entries for each transaction above. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list X: $26,000. 1 On March 31, 10 customers were billed for detection services totaling $26,000. Record the transaction. 2 On October 31, a customer balance of $1,550 from a prior year was determined to be uncollectible and was written off. Record the transaction. 3 Record the reversal of the write-off of a $890 customer account. Credit 4 Record the cash collected $890 from the customer. 5 On December 31, $510 of bad debts were estimated and recorded for the year. Record the transaction