Accounting 101

At December 31, 2022, the trial balance of Sheffield Corp. contained the following amounts before adjustment. (a) Prepare the adjusting entry at December 31,2022 , to record bad debt expense, assuming that the aging schedule indicates that $10,740 of accounts receivable will be uncollectible. (b) Repeat part (a), assuming that instead of a credit balance there is a $1,450 debit balance in Allowance for Doubtful Accounts. (c) During the next month, January 2023,a$2,290 account receivable is written off as uncollectible. Prepare the journal entry to record the write-off. (d) Repeat part (c), assuming that Sheffield Corp. uses the direct write-off method instead of the allowance method in accounting for uncollectible accounts receivable. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)