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At December 31, 2024, Bloom Company had a credit balance of $19,100 in Allowance for Doubtful Accounts. During 2025, Bloom wrote off accounts totaling $14,500.

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At December 31, 2024, Bloom Company had a credit balance of $19,100 in Allowance for Doubtful Accounts. During 2025, Bloom wrote off accounts totaling $14,500. One of those accounts of $3,400 was later collected. At December 31, 2024, an aging schedule indicated that the balance in Allowance for Doubtful Accounts should be $24,700. List debit transactions first and then list credit transactions. *Use accounts provided in the Chart of Accounts above. Do NOT create your own account, When typing your responses, do NOT include a dollar sign. For example, if your answer is $10,000, you should be typing 10,000 or 10,000.00 without any dollar sign. g Prepare journal entries to record the 2025 transactions of Bloom Company. Debit ($) Credit ($) Account Titles and Explanation Select) [Select) Select) Select To record amount written off Select) [Select Select) Select) To reverse write-off [Select Select > [Select) [Select) To record collection of write-off [ Select) [Select] V [Select) Select ] To record estimated bad debts for the year

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