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Account Titles and Explanation Debit Credit (To record amount written off) (To reverse write-off) (To record collection of write-off) (To record estimated bad debts for

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Account Titles and Explanation Debit Credit (To record amount written off) (To reverse write-off) (To record collection of write-off) (To record estimated bad debts for the year) At December 31, 2019, Tamarisk, Inc. Company had a credit balance of $15,600 in Allowance for Doubtful Accounts. During 2020, Tamarisk, Inc. wrote off accounts totaling $12,300. One of those accounts ($2,700) was later collected. At December 31, 2020, an aging schedule indicated that the balance in Allowance for Doubtful Accounts should be $32,000. Prepare journal entries to record the 2020 transactions of Tamarisk, Inc. Company. (Credit account titles are automatically Indented when amount is entered. Do not indent manually)

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