1. Record dits. Excl ding the 2 ated that Transactions 2019 Dec. 31 Estimated that bad debt expense for the year was 5 percent of credit sales of $384,500 and recorded that amount as expense. 2020 Mar. Sep. 31 Made the closing entry for bad debt expense. 26 Sold inventory to Mindy White, $9,600.00, on credit terms of 2/10, n/30. Ignore cost of goods sold. 15 Wrote off Mindy White's account as uncollectible after repeated efforts to collect from her. 10 Received $5,750 from White, along with a letter stating her intention to pay her debt in full within 30 days. Reinstated her account in full. Received the balance due from White. he closi Nov. Dec. 5 Dec. 31 Made a compound entry to write off the following accounts as uncollectible: Brian Kemper, $1,200; Mildred Moffet, $820.00; and Roger Hill, $12,280. 31 Estimated that bad debt expense for the year was 4 percent of credit sales of $920,000 and recorded the expense. 31 Made the closing entry for the bad debt expense. and Bad Debt Expense. Keep running ba = Write-off. Round amounts to the ne Time Remaini