Colorado Rocky Cookie Company offers credit terms to its customers. At the end of 2013, accounts receivable totaled $680,000. The allowance method is used to account for uncollectible accounts. The allowance for uncollectible accounts had a credit balance of $43,000 at the beginning of 2013 and $26,500 in receivables were written off during the year as uncollectible. Also, $2,300 in cash was received in December from a customer whose account previously had been written off. The company estimates bad debts by applying a percentage of 10% to accounts receivable at the end of the year. Required: 1. Prepare journal entries to record the write-off of receivables, the collection of $2,300 for previously written off receivables, and the year-end adjusting entry for bad debt expense. (If no entry is required for a particular event, select "No journal entry required" in the first account field.)

1.

Record the write-off of receivables.

2.

Record the reinstatement of an account previously written off.

3.

Record collection of account previously written off.

4.

Record bad debt expense for the year.

How would accounts receivable be shown in the 2013 year-end balance sheet? Accounts Receivable?