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

image text in transcribedimage text in transcribed Blackhorse Productions, Incorporated, used the aging of accounts recelvable 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 Journal entrles for each of the following. (If no entry Is requlred for a transactlon/event, select "No Journal Entry Required" In the flrst account fleld.) a. The approprlate bad debt adjustment was recorded. b. Later, an account recelvable for $1,200 was determined to be uncollectlble and was written off. Journal entry worksheet 2 Record the end-of-period adjustment for bad debts under the aging of accounts receivable method. Note: Enter debits before credits. Journal entry worksheet Record the write-off of a certain customer account from a prior year which is not collectible totaling $1,200. Note: Enter debits before credits

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