Eastern Digital Corporation began 2013 with accounts receivable of $1,240,000 and a credit balance in allowance for uncollectible accounts of $36,000.During 2013, credit sales totaled $5,190,000 and cash collected from customers totaled $5,380,000.Also, actual write-offs of accounts receivable in 2013 were $33,000.At end of the year, an accounts receivable aging schedule indicated a required allowance of $32,300.No accounts receivable previously written off were collected.

Required:

1.Determine the balance in accounts receivable at the end of 2013.

2.Prepare the entry to record the write-off of accounts receivable during the year and the year-end adjusting entry to record bad debt expense.