The September 30, 2014, records of First Data Communications include these accounts:
Accounts Receivable ................................................................................. $230,000
Allowance for Uncollectible Accounts ...................................................... (8,500)
At year-end, the company ages its receivables and adjusts the balance in Allowance for Uncollectible Accounts to correspond to the aging schedule. During the last quarter of 2014, the company completed the following selected transactions:
2014
Nov. 30 Wrote off as uncollectible the $1,100 account receivable from Rainbow Carpets and the $600 account receivable from Show-N-Tell Antiques.
Dec. 31 Adjusted the Allowance for Uncollectible Accounts, and recorded Bad
Debt Expense at year-end, based on the aging of receivables, which follows.

Requirements
1. Record the transactions in the journal. Explanations are not required.
2. Prepare a T-account for Allowance for Uncollectible Accounts, and post to that account.
3. Show two ways First Data could report its accounts receivable on a comparative balance sheet for 2013 and 2014. At December 31, 2013, the company's Accounts Receivable balance was $212,000 and the Allowance for Uncollectible Accounts stood at $4,200.

Age of Accounts 0-30 Days 31-60 Daysays O 9 Dys Total Balance $230,000 Estimated uncollectible $150,000 0.2% $40,000 0. 5% $14,000 5.0% Over 90 Days $26,000 30.0%