Your answer is correct. Journalize and post the adjusting entry for bad debts at December 31, 2015. (Credit account titles are automatically indented Date Account Titles and Explanation Debit Credit Dec. 31 Bad Debts Expense 20890 Allowance for Doubtful 20890 Debit Credit Balance 20890 20890 Bad Debts Expense Date Explanation Ref Dec. 31 Adjusting Allowance for Doubtful Accounts Explanation Dec. 31 Balance Dec. 31 Adjusting Date Ref Debit Credit Balance 11990 20890 32880 SHOW LIST OF ACCOUNTS SHOW SOLUTION LINK TO TEXT (b) Journalize and post to the allowance account the following events and transactions in the year 2015. (Credit account titles are aut (1) On March 31, a $1,170 customer balance originating in 2015 is judged uncollectible. (2) On May 31, a check for $1,170 is received from the customer whose account was written off as uncollectible on March 31. No. Date Account Titles and Explanation Debit Credit (1) Mar. 31 (2) May 31 (To reverse write-off) May 31 (To record collection of write off.) Debit Credit Balance Allowance for Doubtful Accounts Date Explanation Ref Dec 31 2015 Balance Dec 31 2015 Adjusting Mar. 31 2016 11,990 20,890 32,880 May 31 2016