Question: Lars Co. has requested that you prepare journal entries from the following (this company uses the Allowance for Doubtful Accounts method based on the income

Lars Co. has requested that you prepare journal entries from the following (this company uses the Allowance for Doubtful Accounts method based on the income statement approach):

2018 Dec. 31 Recorded Bad Debts Expense of $16,000. 2019 Jan. 7

2018 Dec. 31 Recorded Bad Debts Expense of $16,000. 2019 Jan. 7 Wrote off Gene Smore's account of $1,200 as uncollectible. Mar. Wrote off Paul Jurgen's account of $700 as uncollectible. July 8 Recovered $250 from Paul Jurgen. Aug. 19 Wrote off Bob Shakur's a ccount of $1,200 as uncollectible. Aug. 24 Wrote off Jill Neill's account of $650 as uncollectible. Nov. 19 Recovered $550 from Bob Shakur.

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