a. Prepare T accounts for Accounts Receivable and Allowance for Doubtful Accounts. Post the above transactions and determine the missing amounts for the write off of uncollectible receivables and bad debts expense. b. Prepare the journal entry that would be made by the company to write off uncollectible receivables during March. c. Prepare the journal entry that would be made by the company to record bad debts expense for the month of March. E8.7 (LO 3) Passara Supply Corp. has the following selected transactions for notes receivable. Nov. 1 Lent $116,000 cash to A. Bouchard on a one-year, 9% note. Dec. 1 Sold goods to Wright Inc., receiving a two-month, 6%,$22,600 note. Interest is due at maturity. The goods cost $13,200. 15 Received a six-month, 6%,$24,000 note in exchange for an account from Aquilina Corporation. Interest is due at maturity. Feb. 1 Collected the amount owing on the Wright note. 28 Accrued interest on all notes receivable at year end. Assume that interest is calculated to the nearest half month. 28 Analyzed each note and estimated that uncollectible notes at year end totalled $18,200