Accounts receivable transactions are provided below for J Pharoah Co.

Dec. 31, 2020 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 $661,000 and $2,700 (debit), respectively.

Mar. 5, 2021 The company determined that R. Mirzas $3,500 account and D. Wights $6,900 account were uncollectible. The companys accounts receivable were $691,400 before the accounts were written off.

June 6, 2021 Wight paid the amount that had been written off on March 5. The companys accounts receivable were $650,600 prior to recording the cash receipt for Wight.

1) Post the journal entries to Allowance for Doubtful Accounts and calculate the new balance after each entry. Allowance for Doubtful Accounts Date Explanation Ref. Debit Credit Balance Dec. 31, 2020 Balance unadjusted Debit Dec. 31, 2020 AJE Mar. 5, 2021 Write off Mirza Mar. 5, 2021 Write off Wight June 6, 2021 Reverse write off