C D Milo Tindolini Co. Milo Tindolini Co. maintains an "allowance for doubtful accounts" which is charged when an accounts receivable are written off. As of January 1, 2022 the allowance account had a credit balance of $ 46,800 During January 2022 the following bad debt related activity occurred: A 5-Jan Wrote off balance due from NY Islanders Ltd. $ 4,450 16-Jan 8-Jan Wrote off balance due from LAMCO Ent. Inc., $ 2,470 20-Jan 15-Jan Wrote off balance due from Weinstein Ltd., $ 3,120 25-Jan 20-Jan Wrote off balance due from Trendmaker Mkt., $ 25-Jan Reinstated $ 1,005 of LAMCO Ent accounts receivable and recorded the collection on account. 29-Jan 29-Jan Wrote off balance due from NY Mets Inc. $ 1,745 B M N Allowance for doubtful accounts Debit Credit