Dec 28	Wrote off accounts receivable as uncollectible: Regan Co., $1,300; Owen Mac, $900; and .Rain, Inc., $700.
Dec 31	Recorded uncollectible account expense based on the aging of accounts receivable, as follows:

	Age of Accounts
	1 - 30	31 - 60	61 - 90	Over 90
Accounts Receivable	Days	Days	Days	Days
$165,000. . . . . . . . . . .	$97,000	$37,000	$14,000	$17,000
Estimated percent
uncollectible. . . . . . . .	0.3%	3%	30%	35%

Accounts receivable. . . . . . . . . . . . . . . . . . . . . . . . . . . .

$145,000

Allowance for uncollectible accounts (credit balance). . . . .

3,500

DecDec

28: Wrote off accounts receivable as uncollectible:

Regan Co.,

$1,300;

Owen Mac,

$900;

and

Rain, Inc.,

$700.

Journal Entry
Date		Accounts	Debit	Credit
Dec	28