A.	Journalize the write-offs under the direct write-off method. If no entry is required, simply skip to the next transaction. Refer to the Chart of Accounts for exact wording of account titles.
B.	Journalize the write-offs and the year-end adjusting entry under the allowance method, assuming that the allowance account had a beginning balance of $89,000 and the company uses the analysis of receivables method. If no entry is required, simply skip to the next transaction. Refer to the Chart of Accounts for exact wording of account titles.
C.	How much higher (lower) would Seaforth Internationals net income have been under the allowance method than under the direct write-off method?

Seaforth International wrote off the following accounts receivable as uncollectible for the year ending December 31 Customer Amount $ 24,300 Kim Abel 31,195 Lee Drake Jenny Green 29,715 17,890 Mike Lamb Total $103,100 The company prepared the following aging schedule for its accounts receivable on December 31: Aging Class (Number of Days Past Due) Receivables Balance on December 31 Estimated Percent of Uncollectible Accounts 0-30 days $735,000 1% 31-60 days 290,000 2 61-90 days 111,000 15 91-120 days 70,000 30 94,000 More than 120 days 60 $1,300,000 Total receivables