At December 31,2018 the following selected accounts appeared in Delta Companys unadjusted trial balance:

Accounts Receivable $81,000

Allow3ance for doubtful accounts 1,200(credit)

Notes receivable (Jason, Inc) 12,000

Net Credit sales for 2018 were 250,000. The 12,000-note receivable was a 90 day, 8% note December 13, 2018.the following adjusting entries and transactions occurred at the end of 2018 and during 2019

2018

Dec 31 Recorded the adjusting entry for bad debt expense at 1 % of net credit

Dec 31 Recorded adjusting entry of interest on the 12,000-note receivable

2019

Mar.13 Received payment on the 12,000-note receivable from Jason Inc plus interest

Apr.5 Wrote off account for Abilene company,2,850

Jul.9 Wrote off the account of Acme Suppliers,1450

Sept.5 Received payment from Acme Suppliers, which is in bankruptcy proceedings, for 450 in final settlement of the account written off on Jul.9

Dec.6 Wrote off the account of Walton, Inc., 1,300

Dec.31 Changed from percentage -of-net sales method of providing for the uncollectable accounts to an estimated based on the accounts receivable aging method. The accounts analysis a desired credit balance of $4,500 in allowance for Doubtful Accounts.