Question 7 Answer saved Marked out of 8.00 Flag question Thatcher Company uses the allowance method to record bad debts. Record the following transactions. 1. Dec. 31 - Bad debts expense was estimated to be $8,000. 2. May 16 - Customer A. Bean's account receivable of $2,200 was deemed uncollectible and written off. 3. June 2 - A Bean paid the full amount, $2,200, of a the previously written- off account receivable. 1 A B I - I 1EE Debit Credit Account & Explanation Date