3 e) On April 7, 2020, John's Jacks, a client, contacted Razul with a question regarding bad debt. John stated that his customer said they were filing for bankruptcy. Give the journal entry to record the $2000 owed by the customer 5 given that John's Jacks uses the direct method of accounting for bad debts. 5 Account Title and Explanation Debit 3 Credit Date 3 2 On November 22, 2021, the customer informs John's Jacks that they can pay the bad debt because they had won a law suit against another business. Record the subsequent collection of the amount owed. 5 5 Date Account Title and Explanation Debit Credit B 1