4. Journalize the write-off of a $500 customer account using the Direct W/O method; Account Debit Credit 5. Journalize the write-off of a $500 customer account using the Allowance method; Account Debit Credit / / / 6. What impact does the year-end adjustment for Bad Debt Expense under the Allowance method have on the financial statement? 7. Under the Allowance Method, collecting an account previously written off has what impact on Net Income? Jet Income? 8. If an analysis of Bad Value Hardware's A/R aging indicates that an estimate of $180,000 for uncollectible receivables is needed, and the Allowance for Doubtful Accounts is a now $13,000 credit, journalize the proper adjusting entry: Account Debit Credit IT 9. If an analysis of Bad Value Hardware's A/R aging indicates that an estimate of $150,000 for uncollectible receivables is needed, and the Allowance for Doubtful Accounts is a now $6,000 debit, journalize the proper adjusting entry: Account Debit Credit