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Current Attempt in Progress At December 31, 2021, Skysong Company had a credit balance of $16,200 in Allowance for Doubtful Accounts, During 2022, Skysong
Current Attempt in Progress At December 31, 2021, Skysong Company had a credit balance of $16,200 in Allowance for Doubtful Accounts, During 2022, Skysong wrote off accounts totaling $12.800. One of those accounts ($2,700) was later collected. At December 31, 2022, an aging schedule indicated that the balance in Allowance for Doubtful Accounts should be $30,700. Prepare journal entries to record the 2022 transactions of Skysong Company (Credit account titles are automatically Indented when amount is entered. Do not indent manually) Account Titles and Explanation Debit Credit (To record amount written off) (To reverse write off) (To record collection of writeoff) (To record estimated bad debts for the year)
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