Current Attempt in Progress The ledger of Tamarisk Company at the end of the current year shows Accounts Receivable $87,000, Credit Sales $815,000, and Sales Returns and Allowances $39,000. (a) (b) If Tamarisk uses the direct write-off method to account for uncollectible accounts, journalize the entry if on July 7 Tamarisk determines that Matisse company's $850 balance is uncollectible. Assume Tamarisk uses the allowance method to account for uncollectible accounts. If Allowance for Doubtful Accounts has a credit balance of $1,250 in the trial balance, journalize the adjusting entry at December 31, assuming bad debts are expected to be 10% of accounts receivable. (a) Assume Tamarisk uses the allowance method to account for uncollectible accounts. If Allowance for Doubtful Accounts has a debit balance of $600 in the trial balance, journalize the adjusting entry at December 31, assuming bad debts are expected to be 8% of accounts receivable. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter O for the amounts.) No. Date Account Titles and Explanation July 7 Debit Credit SU

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