Entries for Bad Debt Expense Under the Direct Write-Off and Allowance Method

The following selected transactions were taken from the records of Rustic Tables Company for the year ending December 31:

June 8. Wrote off account of Kathy Quantel, $4,600.

Aug. 14. Received $3,270 as partial payment on the $8,230 account of Rosalie Oakes. Wrote off the remaining balance as uncollectible.

Oct. 16. Received the $4,600 from Kathy Quantel, whose account had been written off on June 8. Reinstated the account and recorded the cash

receipt.

Dec. 31. Wrote off the following accounts as uncollectible (record as one journal entry)

Wade Dolan

$1,330

Greg Gagne

830

Amber Kisko

3,170

Shannon Poole

1,840

Niki Spence

510

Dec. 31. If necessary, record the year-end adjusting entry for uncollectible accounts

If no entry is required, select "No entry" and leave the amount boxes blank. If an amount box does not require an entry, leave it blank.

Entries for Bad Debt Expense Under the Direct Write-off and Allowance Method The following selected transactions were taken from the records of Rustic Tables Company for the year ending December 31: June 8. Wrote off account of Kathy Quantel, $4,600. Aug, 14, Received $3,270 as partial payment on the $8,230 account of Rosalie Oakes. Wrote off the remaining balance as uncollectible. Oct. 16. Received the $4,600 from Kathy Quantel, whose account had been written off on June 8. Reinstated the account and recorded the cash receipt Dec. 31. Wrote off the following accounts as uncollectible (record as one journal entry): Wade Dolan $1,330 Greg Gagne 830 Amber Kisko 3,170 1,840