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Blackhorse Productions, Incorporated, used the aging of accounts receivable method to estimate that its Allowance for Doubtful Accounts should be $19,700. The account had an

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Blackhorse Productions, Incorporated, used the aging of accounts receivable method to estimate that its Allowance for Doubtful Accounts should be $19,700. The account had an unadjusted credit balance of $12,000 at that time Required: Prepare joumal entries for each of the following (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) a. The appropriate bad debt adjustment was recorded b. Later, an account receivable for $1,200 was determined to be uncollectible and was written oft. Journal entry worksheet 2 Record the end-of-period adjustinent for bad debts under the aging of accounts recelvable method. Wotet Enter debuts belore credits Blackhorse Productions, Incorporated, used the aging of accounts recelvable method to estimate that its Allowance for Doubtful Accounts should be $19700. The account had an unadjusted credit balance of $12,000 at that time Required: Prepare journal entries for each of the following. (If no entry is required for o transection/event, select "No Journal Entry Required" in the first occount field.) a. The appropriate bad debt adjustment was recorded. b. Later, an account receivable for $1,200 was determined to be uncollectible and was written off. Journal entry worksheet Record the write-off of a certain customer account from a prior year which is not collectible totaling $1,200. Wote: Fnter debits before credits

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