DEMONSTRATION PROBLEM - Entries for Uncollectible Accounts Kids-At-Play is a toy store that began operations this year. At the end of its first year of operations, Kids-At-Play had accounts receivable totaling $50.000. The store's manager estimates that $1,500 of those receivables will not be collected. 1. What would the journal entry to record uncollectible accounts at the end of the year look like? 2. What would the year-end balance sheet for accounts receivable look like? Now assume that early in the second year of operations. Kids. At-Play decides to write off as uncollectible a 5500 recelvable owed by Shirley Smith. 3. What would the journal entry to write off the uncollectible account look like? Finally, having had a sudden conscience attack, Shirley decides that she needs to pay off her past due bill with Kids-At-Play, and does so. 4. What entries would need to be recorded when Shirley 5 mith pays off her previously written off account