During 2016, Pandora Company wrote off $2, 200 of accounts receivable as uncollectible. Pandora Company collected $800 cash during 2016 of amounts it had written off in previous years. The balance in the Allowance for Bad Debt account at the beginning of 2016 was $3, 500, and the balance at the end of the year, on the balance sheet after making all adjusting entries, was $5,000. Required: Present the adjusting journal entry that the company made at the end of the year to provide for estimated bad debts during 2016. The balance sheets of Milton Corporation on December 31, 2016 and 2017, showed gross accounts receivable of $15, 200,000 and $17, 600,000, respectively. The balances in the Allowance for Bad Debt account at the beginning and end of 2017, after adjusting entries, were credits of $1, 400,000 and $1, 550,000, respectively. The income statement for 2017 shows that the Bad Debt Expense was $750,000, which was 1 percent of sales. The firm makes all sales on credit. There were no recoveries during 2017 of accounts written off in previous years. Required: Give all the journal entries made during 2017 that have an effect on Accounts Receivable and Allowance for Uncollectible Accounts