The following is information regarding adjusted account balances for Leonardo Painters at September 30, 2014:

Part 1
During October, Leonardo Painters recorded $1,746,000 in total revenues, all on credit. Collections during October were $1,532,000. Included in the $1,532,000 collections was the recovery of $6,100 from a customer account written off in September Total receivables identified as being uncollectible and written off during October were $14,700. Leonardo Painters estimates bad debts to be 0.5% of net credit revenues.
Required
Prepare the adjusting entry to record estimated bad debts for October.
Part 2
During November, revenues totalled $1,680,000, all on credit. Collections during the month were $1,890,000. An account for $5,400 was identified as being uncollectible and written off on November 28. It was recommended to Leonardo Painters that the method of estimating bad debts be changed to the balance sheet approach. As a result, it was estimated that 5% of the November 30 accounts receivable balance was uncollectible.
Required
Prepare the adjusting entry to record estimated bad debts for November.