Priceline.com TripAdvisor On December 31, 2021, when its Allowance for Doubtful Accounts had a debit balance of $1,265, Sheffield Corp, estimates that 8% of its accounts receivable balance of $85,900 will become uncollectible and records the necessary adjustment to Allowance for Doubtful Accounts. On May 11, 2022, Sheffield Corp. determined that B. Jared's account was uncollectible and wrote off $1,315. On June 12 2022, Jared paid the amount previously written off. Prepare the journal entries on December 31, 2021, May 11, 2022, and June 12, 2022. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. Date Account Titles and Explanation December 31, 2021 Debit Credit Allowance for Doubtful Accounts May 11, 2022 Allowance for Doubtful Accounts Accounts Receivable June 12, 2022 | Accounts Receivable 1 Allowance for Doubtful Accounts (To reinstate account previously written off) 2 PM (3)^