Blue Spruce Corp. uses the allowance method of accounting for bad debts. The company produced the following aging of the accounts receivable at year-end.

Calculate the total estimated bad debts based on the information below.

				Number of Days Outstanding
		Total		030		3160		6190		91120		Over 120
Accounts receivable		$494,000		$325,000		$91,000		$50,000		$17,000		$11,000
% uncollectible				1%		4%		5%		8%		11%
Estimated bad debts		$enter estimated bad debts in dollars		$enter estimated bad debts in dollars		$enter estimated bad debts in dollars		$enter estimated bad debts in dollars		$enter estimated bad debts in dollars		$enter estimated bad debts in dollars

Prepare the year-end adjusting journal entry to record the bad debts using the aged uncollectible accounts receivable determined above. Assume the unadjusted balance in Allowance for Doubtful Accounts is a $3,900 debit. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Account Titles and Explanation	Debit	Credit
enter an account title for the adjusting entry to record the bad debts	enter a debit amount	enter a credit amount
enter an account title for the adjusting entry to record the bad debts	enter a debit amount	enter a credit amount

Of the above accounts, $4,800 is determined to be specifically uncollectible. Prepare the journal entry to write off the uncollectible account. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Account Titles and Explanation	Debit	Credit
enter an account title for the journal entry to write off the uncollectible account	enter a debit amount	enter a credit amount
enter an account title for the journal entry to write off the uncollectible account	enter a debit amount	enter a credit amount

The company collects $4,800 subsequently on a specific account that had previously been determined to be uncollectible in part (c). Prepare the journal entries necessary to (1) restore the account and (2) record the cash collection. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

No.	Account Titles and Explanation	Debit	Credit
1.	enter an account title to record the first transaction	enter a debit amount	enter a credit amount
	enter an account title to record the first transaction	enter a debit amount	enter a credit amount
2.	enter an account title to record the second transaction	enter a debit amount	enter a credit amount
	enter an account title to record the second transaction	enter a debit amount	enter a credit amount