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A summary of Klugman Company's December 31, 2018, accounts receivable aging schedule is presented below along with the estimated percent uncollectible for each age group:

A summary of Klugman Company's December 31, 2018, accounts receivable aging schedule is presented below along with the estimated percent uncollectible for each age group:

Age Group Amount %
060 days $ 54,000 .5
6190 days 19,000 1.0
91120 days 2,400 10.0
Over 120 days 1,100 50.0

The allowance for uncollectible accounts had a balance of $1,340 on January 1, 2018. During the year, bad debts of $690 were written off. Required: Prepare all journal entries for 2018 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.)

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