Present the journal entries specified below. Each item should be considered independently. (Credit account titles are...

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Present the journal entries specified below. Each item should be considered independently. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) A B. C If Ayayai Paints uses the aging method and estimates that $2,200 of receivables will be uncollectible, prepare the adjusting entry. If Ayayai Paints estimates uncollectibles at 2.2% of accounts receivable and the allowance account had a $600 credit balance instead of a $600 debit balance, prepare the appropriate adjusting entry. Assume that on February 3, 2015, the specific account of George Bush with a balance of $316 is deemed uncollectible. Record the write-off. D. Assume that on May 4, 2015, George Bush pays the above balance in full. Record the appropriate entries. Date Account Titles and Explanation A. Bad Debt Expense Allowance for Doubtful Accounts B. Bad Debt Expense Allowance for Doubtful Accounts Debit Credit C. Allowance for Doubtful Accounts 316 Accounts Receivable D. Accounts Receivable. Allowance for Doubtful Accounts (To record writeoff of settlement) 316 cash Accounts Receivable (To record cash receipt for balance settlement) Present the journal entries specified below. Each item should be considered independently. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) A B. C If Ayayai Paints uses the aging method and estimates that $2,200 of receivables will be uncollectible, prepare the adjusting entry. If Ayayai Paints estimates uncollectibles at 2.2% of accounts receivable and the allowance account had a $600 credit balance instead of a $600 debit balance, prepare the appropriate adjusting entry. Assume that on February 3, 2015, the specific account of George Bush with a balance of $316 is deemed uncollectible. Record the write-off. D. Assume that on May 4, 2015, George Bush pays the above balance in full. Record the appropriate entries. Date Account Titles and Explanation A. Bad Debt Expense Allowance for Doubtful Accounts B. Bad Debt Expense Allowance for Doubtful Accounts Debit Credit C. Allowance for Doubtful Accounts 316 Accounts Receivable D. Accounts Receivable. Allowance for Doubtful Accounts (To record writeoff of settlement) 316 cash Accounts Receivable (To record cash receipt for balance settlement)