Allowance methods The owing transa were completed by Teout Gallery on the current local ended Deceber Jan 19 Hentated the counter which had been written in the preceding was not be 52.660 cash in part of Arlene A Wrote of the $12.750 balanced by her so which brugt Haly 16 Received 25% of the 132,000 banored bywyden contended the conduce No. 23 Rinated the cont of Marry Car, which had been written of the years are sunce Recorded the rest of 14.000 unt Dec. 31 Wrote at the following accounts as uncollectible Cound entry) Corey C. $3.300; Fogle Co. 56,100; take Putu, 111,400 Melanda Shorer, 51,200 Dec. 31. des of the 52,350,000 of course, it was estimated that 500,000 will be collection the und entry Required 1. Ved the mary credit belance of $50,000 Tootsented with for 2. Jumle the transactions for a compondratim, an amount of the Decem elects the dung the year U TU Apr. 3 July 16 Nov. 23-reinstate I DIJI Q000 U i 100 OD UDBDI Nov. 23-collection Dec. 31-write-off Dec. 31-adjusting 1000 Dec. 31-adjusting 2. b. Post each entry that affects the following T accounts and determine the new balancest Allowance for Doubtful Accounts Jan. 1 Balance Dec. 31 Adjusted Balance Bad Debt Expense 3. Determine the expected net realizable value of the accounts receivable as of December 31 (after all of the adjustments and the adjusting entry)