Entries for Bad Debt Expense Under the Direct Write-Off and Allowance Method The following selected transactions were taken from the records of Silhouette Company for the year ending December 31, 2014: Mar. 4 wrote off account of Myron Rimando, $4,800. May 19 Received $3,410 as partial payment on the $8,590 account of Shirley Mason. Wrote off the remaining balance as uncollectible. Aug. 7 Received the $4,800 from Myron Rimando, which had been written off on March 4. Reinstated the account and recorded the cash receipt. Dec. 31 Wrote off the following accounts as uncollectible (record as one journal entry): Brandon Peele $1,390 Clyde Stringer 860 Ned Berry 3,310 Mary Adams 1,920 530 Gina Bowers Dec. 31 If necessary, record the year-end adjusting entry for the uncollectible accounts. The company prepared the following aging schedule for its accounts receivable: Aging Class (Number Receivables Balance Estimated Percent of of Days Past Due) on December 31 Uncollectible Accounts $230,000 0-30 days 3% 31-60 days 86,000 27,000 25 61-90 days 91-120 days 50 10,000 More than 120 days 85 14,000 Total receivables $367,000 For those amount boxes in which no entry is required, leave the box blank. If an account is not required, select No entry" from the dropdown box(es)