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E8-9 (Algo) Recording and Determining the Effects of Write-Offs, Recoveries, and Bad Debt Expense Estimates on the Balance Sheet and Income Statement [LO 8-2] [The

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E8-9 (Algo) Recording and Determining the Effects of Write-Offs, Recoveries, and Bad Debt Expense Estimates on the Balance Sheet and Income Statement [LO 8-2] [The following information applies to the questions displayed below) Fraud Investigators Incorporated operates a fraud detection service o. On March 31, 10 customers were billed for detection services totaling $18,000 b. On October 31, a customer balance of $1150 from a prior year was determined to be uncollectible and was written off c. On December 15, a customer paid an old balance of $730, which had been written off in a prior year d. On December 31, $430 of bad debts were estimated and recorded for the year Journal entry worksheet Record the reversal of the write-off of a $730 customer account. Note: Enter debits before credits. General Journal Debit Credit Transaction c(1) Journal entry worksheet

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