Question 2 of 7 ./15 E View Policies Current Attempt in Progress Accounts receivable transactions are provided below for Ivanhoe Co. Dec 31, 2020 The company estimated that 5% of its accounts receivable would become uncollectible. The balances in the Accounts Receivable account and Allowance for Doubtful Accounts were $688,000 and $2,800 (debit). respectively Mar 5, 2021 The company determined that R. Mirza's $3.200 account and D. Wight's $7.000 account were uncollectible. The company's accounts receivable were $726,400 before the accounts were written oft Wight paid the amount that had been written off on March 5. The company's accounts receivable were $677,800 prior to recording the cash receipt for Wight June 6, 2021 Prepare the journal entries on December 31, 2020. March 5, 2021, and June 6, 2021. (Credit account titles are automatically Indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit To record estimate of uncollectible accounts) (To record write off of accounts receivable) > 13 ENG IN 000 28-11-20 List of Accounts Save for Later Attempts: 0 of 5 used Submit Answer (b) The parts of this question must be completed in order. This part will be available when you complete the part above. (c) The parts of this question must be completed in order. This part will be available when you complete the part above