3. Jada Company uses the allowance method to account for uncollectible receivables. On Septeml Print Jada wrote off a $16,700 account receivable from customer J. Maers. On October 12, Jada unexpectedly received full payment from Maers on the previously written off account. Jada records an adjusting entry for bad debts expense of $830 on October 31. 9. Journalize Jada's write-off of the uncollectible receivable. 10. Journalize Jada's collection of the previously written off receivable. 11. Journalize Jada's adjustment for bad debts expense. 9. Journalize Jada's write-off of the uncollectible receivable. (Record debits first, then, credits. Select the explanation on the last line of the journal entry table.) Date Accounts and Explanation Debit Credit Sept 2 (1) (2) (3) (4) (5) 10. Now journalize Jada's collection of the previously written off receivable. (Record the transaction in two journal entries.) Start by making the entry to adjust the applicable expense account related to the collection of the previously written off receivable. Do not record the Cash portion of the entry yet. We will do that in the following step Date Accounts and Explanation Debit Credit Oct. 12 (6) (7) (8) (9) (10) Now record the cash collection of the receivable previously written off. Date Accounts and Explanation Debit Credit Oct. 12 (11) (12) (13) (14) (15) 11. Finally, journalize Jada's adjustment for bad debts expense. Date Accounts and Explanation Debit Credit Oct. 31 (16) (17) (18) (19) (20) O Cash Sales Revenue (1) O Accounts Receivable-Maers Allowance for Bad Debts O Bad Debts Expense (2) O Cash O Accounts Receivable-Maers Sales Revenue Allowance for Bad Debts Bad Debts Expense (3) Cash Sales Revenue Accounts Receivable-Maers Allowance for Bad Debts O Bad Debts Expense Cash Sales Revenue Print (4) O Accounts Receivable-Maers O Allowance for Bad Debts Bad Debts Expense (5) Sold goods on account. Wrote off uncollectible accounts. Collected cash on account. Recorded bad debts expense for the period. O Reinstated previously written off account. Cash Sales Revenue Accounts Receivable-Maers Allowance for Bad Debts O Bad Debts Expense (7) O Cash Accounts Receivable-Maers Sales Revenue Allowance for Bad Debts Bad Debts Expense (8) Cash Sales Revenue Accounts Receivable-Maers Allowance for Bad Debts Bad Debts Expense Cash Sales Revenue (9) O Accounts Receivable-Maers Allowance for Bad Debts O Bad Debts Expense Sold goods on account. Wrote off uncollectible accounts. (10) O Collected cash on account. O Recorded bad debts expense for the period. O Reinstated previously written off account. (11) O Sales Revenue Print Accounts Receivable-Maers Allowance for Bad Debts O Cash Sales Revenue (12) O Accounts Receivable-Maers Allowance for Bad Debts O Cash (13) Sales Revenue Accounts Receivable-Maers O Allowance for Bad Debts O Cash Sales Revenue (14) O Accounts Receivable-Maers Allowance for Bad Debts Cash Sold goods on account. Wrote off uncollectible accounts. (15) O Collected cash on account. Recorded bad debts expense for the period. O Reinstated previously written off account. (16) O Cash Accounts Receivable- Maers Sales Revenue Allowance for Bad Debts Bad Debts Expense Cash Sales Revenue (17) O Accounts Receivable-Maers Allowance for Bad Debts O Bad Debts Expense (18) O Cash Accounts Receivable-Maers O Sales Revenue Allowance for Bad Debts Bad Debts Expense (19) O Cash Accounts Receivable-Maers Sales Revenue Allowance for Bad Debts Bad Debts Expense Sold goods on account. (20) O Collected cash on account. Recorded bad debts expense for the period. Reinstated previously written off account