During the current year, Robby$$s Camera Shop had sales revenue of $$156,000,$ of which $$56,000$ was on credit. At the start of the current year, Accounts Receivable showed a $$24,000$ debit balance and the Allowance for Doubtful Accounts showed a $$1,100$ credit balance. Collections of accounts receivable during the current year amounted to $$56,000.$

Data during the current year follow:

On December $31,$ an Account Receivable $($J$.$ Doe$)$ of $$2,000$ from a prior year was determined to be uncollectible; therefore, it was written off immediately as a bad debt.

On December $31,$ on the basis of experience, a decision was made to continue the accounting policy of basing estimated bad debt losses on $1\mathrm{.}5$ percent of credit sales for the year.

Required:

Prepare the required journal entries for the two items on December $31,$ the end of the accounting period.

Show how the amounts related to Accounts receivable and Bad debt expense would be reported on the income statement and balance sheet for the current year. Disregard income tax considerations.