ellook Show Me How Entries Related to Uncollectible Accounts The following transactions were completed by The Wild Trout Gallery during the current fiscal year ended December 31 Jan. 19. Apt 3. July 10 Nov. 23 Dec. 31. Dec. 31 Required: Remstated the account of Arlene Gurley, which had been written off in the preceding year as uncollectible. Journalized the recept of $1,715 cash in full payment of Arlene's account. Wrote off the $9,830 balance owed by Premier GS Co, which is bankrupt. Received 35% of the $17,600 balance owed by Hayden Co. a bankrupt business, and wrote of the remainder as sencollectit Remstated the account of Harry Carr, which hall been written off two years warlier as uncolectible Hecorded the receipt of $2.795 cash in full payment Wrote off the following accounts as uncollectible (one entry): Cavey Co.$7,390, Foglie C, $2,195; Lake Furniture, $5,640, Helinde Shryer, $1,595 Based on an analysis of the sho9,400 of accounts receivable, it was estimated that $37,800 will be uncollectible. Journalized the adjusting entry 1. Record the January 1 credit balance of $36,000 in a Taccount presented below in requirement 2b for Alowance for Doubtful Accounts 2. a. Journalize the transactions for a compound transaction, if an amount box does not require an entry, leave it blank. Note: For the December 31 adjusting entry, assume the 5009,400 balance in accounts receivable reflects the adjustinents made during the year Jan 19-reinstate Munts Receivable Arlene Grley 17 Allowance for Doubtful Accounts Jan 19-collection Cash LS Accounts Receivable Arlene Gurley 1.715