b. Joumalize the transactions under the allowance method, assuming that the allowance account had a beginning balence of $15, 300 at the beginning of the year and the compary uses the analysis of recelvables method. Rustic Tables Coenpany prepared the foliowing aging schedule for its accounts receivabie: * Oraty yos Remember that under the direct write-bif method, Bad Debt Expense is not recorded until thin customer's account is determined to be worthieas. Under the alibwance methed once a customer account is identifed as uncollectible, it is witten off against the allowance account. c. How much hipher (lower) would flustic Tables' net income have been under the direct write-off method than under the allowance imethod