Becca's Company follows an allowance method to estimate her bad debts and has the following transactions for the 2018 year. First, Becca began the year with beginning balances of: Debit Credit Accounts Receivable, January 1, 2018 balance of 93,000 and Allowance for Bad Debts, January 1, 2018 balance of 6,200 a. Becca sold $385,000 in Sales on account. b. Becca's customers paid a total of $392,000 in cash on their accounts. c. Becca received notice from one of her customers, Harvey that he could not pay his $4,100 account. d. Becca estimates her bad debt expense to be 3% of Sales.

Requirements: 1. Write out the four journal entries below: (a-d). Show the calculation for journal entry d.

2. Post the journal entries, don't forget the beginning balance into the t-accounts.

3. Calculate a balance for each t-account.