6. For a business that uses the allowance method of accounting for uncollectible receivables: (a) Journalize the entries to record the following: ecord the adjusting entry at December 31, the end of the first fiscal year, to record the bad debt ex and the contra asset account before adjustment has a debit balance of $600. Analysis pense. The accounts receivable account has a balance of $800,000, the receivables indicates uncollectible receivables of $18,000. of In March of the next year, the $350 owed by Fronk Co. on account is written off as uncollectible. In November of the next year, $200 of the Fronk Co. account is reinstated and payment of that amount is received In December of the next year, $400 is received on the $600 owed by Dodger Co. and the remainder is written off as uncollectible. (3) (4)