Current Attempt in Progress The ledger of swifty Corporation de the end of the current year shows Accounts Weceivable $73,000. Creole Sales $617.000. and Sales Returns and Allowances $42.000. Prepare Journal entries for each separate scenario below a Swirly Corporation was the direct write-oft method to account for uncollectible accounts, journalize the adjusting entry of December 31, assuminewitt Corporation determines that Matisses $1.300 balance is uncollectible (6) # Allowance for Doubtful Accounts has a credit balance of $1,100 in the trial balance, journalize the adjusting entry at December 31, wuwing bad debts are expected to be 12% of accounts receivable lo It Allowance for Doubtful Accounts as a debit balance of 5496 in the trial balance. Journace the actiusting entry at December 31, acoming bad debts are expected to be 10% of accounts receivable. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit (al (b) c) Attempts: 0 of 1 used Submit Answer Save for Later