Bad Debt Expense, Aging of Accounts Receivable, Journal Entry. Using the information provided in BE9-12, prepare the journal entry to record the year-end adjusting entry for the bad debt expense assuming that Burl Brothers recovered $12,000 of the $51,000 write-offs during the year.

BE9-12. Bud Debt Expense, Aging of Accounts Receivable, Journal Entry. Burl Brothers provided the following information regarding its accounts receivable at the beginning of the current year: Accounts receivable $1,320,000 Allowance for doubtful accounts (320,000 Not realizable value $1,000,000 I During the year, the company reported net credit sales of $21,000,000 or which it collected 89,900,000 The company wrote of S51,000 of actual bad debts for the year. Burl Brothers estimates the allowance for doubtful accounts at 4% of the ending accounts receivable balance. Prepare the journal entry to record the year-end adjusting entry for the bad debt expense. BE9-13. Bad Debt Expense, Aging of Accounts Receivable, Journal Entry. Using the information provided in BE9-12, prepare the journal entry to record the year-end adjusting entry for the bad debt expense assuming that Burl Brothers recovered $12,000 of the S51,000 write-offs during the year. accounts Receivable. Ranks Corporation estimates its