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4. Allowance for Doubtful Accounts is as follows for 2025 . 5. A credit balance exists in Accounts Receivable (60-90 days) of $4,800, which represents

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4. Allowance for Doubtful Accounts is as follows for 2025 . 5. A credit balance exists in Accounts Receivable (60-90 days) of $4,800, which represents an advance on a sales contract. Assuming that the books have not been closed for 2025 , make the necessary correcting entries. (Round answers to 0 decimal places, e\&. 5,275. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit occount titles are outomatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) Date Account Titles and Explanation Debit Credit Dec. 31 , 2025 (To correct bad debt expense and write off accounts receivable) Dec. 31, 2025 (To reclassify credit balance in accounts receivable) Dec, 31 , 2025 (To write off uncollectible accounts) Dec. 31 , 2025 (To reduce allowance for doubtful account balance) Presented below is information related to the Accounts Receivable accounts of Bonita Inc, during the current year 2025. 1. An aging schedule of the accounts receivable as of December 31,2025 , is as follows. "The $3,100 write-off of receivables is related to the 91 -to- 120 day category 2. The Accounts Receivable control account has a debit balance of $369,600 on December 31,2025 . 3. Two entries were made in the Bad Debt Expense account during the year: (1) a debit on December 31 for the amount credited to Allowance for Doubtful Accounts, and (2) a credit for $3,100 on November 3, 2025, and a debit to Allowance for Doubtful Accounts because of a bankruptcy

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