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Accounts receivable transactions are provided below for 3 Blossom Co. Dec 31, 2020 Mar. 5, 2021 The company estimated that 4 of its accounts receivable

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Accounts receivable transactions are provided below for 3 Blossom Co. Dec 31, 2020 Mar. 5, 2021 The company estimated that 4 of its accounts receivable would become uncollectible. The balances in the Accounts Receivable account and Allowance for Doubtful Accounts were 5680.000 and $2.900 debit) respectively The company determined that R. Mirtas $3.100 account and D. Wichts 56,300 account were oncollectible The company's accounts receivable were $718 700 before the accounts were written off Wight paid the amount that had been written off on March 5. The company's accounts receivable were $670,600 prior to recording the cash receipt for Wight. June 6, 2021 Prepare the journal entries on December 31, 2020, March 5, 2021 and June 6, 2021. (Credit account titles are automatically Indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts Record journal entries in the order presented in the problem.) Prepare the journal entries on December 31, 2020, March 5, 2021, and sine 6.2021. (Credit account titles are automatically Indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account title and entero for the amounts. Record journal entries in the order presented in the problem! Date Account Titles and Explanation Debit Credit (To record estimate of uncollectible accounts) (To record write off of accounts receivable) To record write off of accounts receivable To record write off of accounts receivable) To reverse write oft) Collection of account that we written oft P 3 Post the journal entries to Allowance for Doubtful Accounts and calculate the new balance after each entry Date Explanation Allowance for Doubtful Accounts Debit Credit Ref. Balance Dec 31. Balance unadjusted Debit 2020 Dec 31 AJE 2020 Mar 5. Write off Mirza 2021 Mar 5. Write off Wight 2021 June 6. Reverse write off 2021 Calculate the carrying amount of the accounts receivable both before and after recording the cash receipt from Wight on June 6. 2021 Carrying amount before recovery $ $ Carrying amount after recovery

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