1. A summary of London fashion's December 31 2016, accounts receivable aging schedule is presented below along with the estimated percent uncollectible for each age group:

Age Group	Amount	%
0-60 Days	$40,000	.5
61-90 Days	15,000	1.5
91-120 Days	2,000	15.0
Over 120 Days	800	80.0

The allowance for uncollectible accounts had a balance of $1,600 at January 1 2016. During the year bad debts of $1150 were written off. Prepare all 2016 journal entries with respect to bad debts and the allowances for uncollectible accounts.

A. Entry to write off bad debts

B. Adjusting entry for allowance for uncollectible accounts