thinkwell | student area X Q econ chapter 2 Flashcards | x C Employee Website | Costco x W AW-Ch08 X WAS Assessment Player Too x * Course Hero assessment.education.wiley.com/was-assessment-player/products/2068fb76-416c-4861-addd-ffe7de7155cb/assessments/231bbe47-1d1f-4156-838b-6d15d4cadc3a/question.. G + Question 13 --/3 View Policies Current Attempt in Progress At December 31, 2019, Sunland Company Company had a credit balance of $15,300 in Allowance for Doubtful Accounts. During 2020, Sunland Company wrote off accounts totaling $12,800. One of those accounts ($1,700) was later collected. At December 31, 2020, an aging schedule indicated that the balance in Allowance for Doubtful Accounts should be $26,800. Prepare journal entries to record the 2020 transactions of Sunland Company Company. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit (To record amount written off) (To reverse write-off) (To record collection of write-off) (To record estimated bad debts for the year)