(Learning Objective 4: Using the aging approach for uncollectibles) The September 30, 20X7, records of Image Communications include these accounts:

At year-end, the company ages its receivables and adjusts the balance in Allowance for Doubtful Accounts to correspond to the aging schedule. During the last quarter of 20X7, the company completed the following selected transactions:

❙ Requirements 1. Record the transactions in the journal. Explanations are not required.

2. Prepare a T-account for Allowance for Doubtful Accounts and post to that account.

3. Show how Image Communications will report its accounts receivable on its balance sheet as at December 31, 20X7.