ZOOM write-oft method than under the WIRE TRE c. $11,090 higher SHOW ME HOW EXCEL TEMPLATE EX 8-14 Entries for bad debt expense under the direct write-off and allowance methods Obj. 5 The following selected transactions were taken from the records of Rustic Tables Company for the year ending December 31 June 8. Wrote off account of Kathy Quantel. 58.440. Aug. 14. Received $3,000 as partial payment on the $12.500 account of Rosalie Oakes. Wrote off the remaining balance as uncollectible Oct. 16. Received the 58.440 from Kathy Quantel, whose account had been written off on June 8. Reinstated the account and recorded the cash receipt Dec. 31. Wrote off the following accounts as uncollectible record as one journal entry: Wade Dolan $4,600 Greg Gagne 3,600 Amder Kisko 7.150 Shannon Poole 2,975 Niki Spence 6,630 31. If necessary, record the year-end adjusting entry for uncollectible accounts. a. Journalize the transactions under the direct write-off method. b. Journalize the transactions under the allowance method, assuming that the allowance account had a beginning balance of $36,000 at the beginning of the year and the company uses the analysis of receivables method. Rustic Tables Company prepared the following aging schedule for its accounts