View Policies Current Attempt in Progress On December 31, 2021, when its Allowance for Doubtful Accounts had a debit balance of $1,400, Pina Colada Corp. estimates that 10% of its accounts receivable balance of $95,000 will become uncollectible and records the necessary adjustment to Allowance for Doubtful Accounts. On May 11, 2022, Pina Colada Corp. determined that B. Jared's account was uncollectible and wrote off $1,000. On June 12, 2022, Jared paid the amount previously written oft 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.) Account Titles and Explanation Debit Date (To reverse write-off) (To record collection of write-off) e Textbook and Media List of Accounts Attempts: unlimited Submit Answer Save for Later