Entries for bad debt expense under the direct write-off and allowance methods Seaforth International wrote off the following accounts recelvable as uncollectible for the year ending December 31 : The company prepared the following aging schedule for its accounts recelvable on December 31 : b. Joumalize the write-olfs and the yearend adjusting entry under the allowance method; assuming that the allowance account had a beginning balance of se7,4go and the company uses the analivsis of receivables method. If an amount box does not require an entry, leave it biank. c. How much higher (lower) would seaforth International's net income have been under the allowance method than under the direct wnite-off method