3. Prepare general journal entries to record the following transactions for the Smith Company. The company uses the allowance for uncollectible accounts approach for recording bad debts expense. The Jan 1 balance in Allowance for Doubtful Accounts (after adjustment) is $900. (12 pts) 2020 Jan. Jul. 3 Wrote off Jal's account as uncollectible, $260 5 Recovered $55 from Hall GENERAL JOURNAL Account Titles and Description PR A=L+OE Date Debit Credit