A summary of Klugman Company's December 31, 2016, accounts receivable aging schedule is presented below along with the estimated percent uncollectible for each age group:

Age Group	Amount		%
060 days	$59,000		.5
6190 days	21,500		1.0
91120 days	2,900		10.0
Over 120 days	1,200		50.0

The allowance for uncollectible accounts had a balance of $1,390 on January 1, 2016. During the year, bad debts of $740 were written off.

Required:

Prepare all journal entries for 2016 with respect to bad debts and the allowance for uncollectible accounts. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

JOURNAL ENTRY NEEDED :

1. RECORD THE ENTRY TO WRITE OFF SPECIFIC ACCOUNTS

2. RECORD THE ENTRY TO ADJUST ALLOWANCE FOR UNCOLLECTIBLE ACCOUNTS AT THE YEAR END