(a)Prepare the adjusting journal entry on December 31, 2018, to recognize and record bad debt expense.

(b)Assume the same facts as above except that the Allowance for Doubtful Accounts account had a $500 debit balance before the current year's provision for uncollectible accounts. Prepare the adjusting journal entry for the current year's provision for uncollectible accounts.

(c)Assume that the company has a policy of providing for bad debts at the rate of 1% of sales, that sales for 2018were $550,000, and that Allowance for Doubtful Accounts had a $700 credit balance before adjustment. Prepare the adjusting journal entry for the current year's provision for bad debts

(d)Management has determined thatJD Corporation is not going to be able to pay off itsdebt of $12,000.Prepare the journal entry to write-off JD's account.

(e)6 months laterthe firm received a check from JD Corporation of $12,000 (same transaction from part d).Prepare the adjusting journal entry to record JD's payment