View Policies Show Attempt History Current Attempt in Progress The trial balance of Pina Paints at December 31.2014. includes the following: Present the journal entries specified below. Each item should be considered independently. (Credit necount tites are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entisis] A. If Pina Paints uses the aging method and estimates that $2.508 of receivables will be uncollectible, prepare the adjusting entry. B. If Pina Paints estimates uncollectibles at 2.2% of accounts receivable and the allowance account had a $740credit. balance instead of a $740 debit balance, prepare the appropriate adjusting entry. C. Assume that on February 3,2015, the specific account of George Bush with a balance of $358 is deemed uncollectible. Record the write-off. D. Assume that on May 4, 2015, George Bush pays the above balance in full. Record the appropriate entries. HOMEWORK CH 8 Question 5 of 15 C. Allowance for Doubtful Accounts Accounts Receivable D. Accounts Receivable Allowance for Doubtful Accounts (To record writeoff of settlement) Cash Accounts Receivable (To record cash receipt for balance settlement) eTextbook and Media List of Accounts Attempts: 1 of 3 used Present the journal entries specified below. A. Pina Company sells $171,000 of accounts receivable to Buyout Factors inc, for cash less a 2.5% service char, the sale. B. Pina Company sold merchandise for $6,800 and accepted the customer's VISA card. VISA charges a 3.5% service charge. Record the sale