Blocker Company estimates its uncollectible accounts based on an analysis of receivables. On December 31, a junior accountant prepared the following aging schedule for the companys $88,000 in outstanding receivables.

Estimated

Uncollectible Accounts

Age Interval Amount %

Not due $58,650 2%

1-30 days past due 13,220 4%

31-60 days past due 8,930 20%

61-90 days past due 4,000 30%

Over 90 days past due 3,200 50%

$88,000

The allowance for Doubtful Accounts currently has a $210 debit balance.

1. Prepare the adjusting entry to record the companys estimate of uncollectible accounts.

Date	Accounts	DR	CR

2. Prepare the journal entry to write off the following accounts:

T. Donaldson..$ 700

J.Kyle. 450

D. Mize 1,000

Date	Accounts	DR	CR

3. Prepare the journal entry to record receipt of the $450 owed by J. Kyle.

Date	Accounts	DR	CR

4. Write an answer to the following question: What circumstances would cause the Allowance for doubtful Accounts to have a debit balance prior to adjustment?