135. Determine the amount to be added to Allowance for Doubtful Accounts in eac h of the fellowing cases and indicate the ending balance in each case (a) Credit bal (o) Credit balance of $500 in Allowance for Doubtful Accounts just prior to adjustment. Uncollectible ANSWER ance of $300 in Allowance for Doubtful Accounts just prior to adjustment. Analysis of Accounts Receivable indicates uncollectible receivables of $ receivables are estimate d at 2% of credit sales, which totaled $1,000,000 for the year. owing transactions using the allowance method of accounting for uncollectible Sold merchandise on account to Jim Dobbs, $7,200. The cost of the merchandise is $5,400. 136. Journalize the foll receivables. April 1 une 10 Received payment for one-third of the receivable from Jim Dobbs and wrote off the remainder. Oct. 11 Reinstated the account of Jim Dobbs and received cash in full payment