BAD DEBT EXERCI8ES L Using allowance method for uncollectible accounts, prepare jounal entries for December 31, 2009 tey 11, 2010 and June 12, 2010, as follow s: On Decomber 31, 2009, when its Allowahce for Doubtful Accounts has a credit balance of $1,000, CD Discs ootinates that 12% of Its accounts reoelvable balance of $60,000 will become uncollectible. Records the necssary adjustment to Allowance for Doutitful Accounts. 2/3 BDE ADA On May 22, 2010, CD Discs dotemined that Robert Worthy's account was uncollectible and wrote off $800, Record the jourtial entry