Entries for Bad Debt Expense Under the Direct Write-Off and Allowance Methods Seaforth International wrote off the following accounts receivable as uncollectible for the year ending December 31: Customer Kim Abel Amount $24,200 Lee Drake 32,850 Jenny Green 29,900 Mike Lamb Total 17,900 $104,850 The company prepared the following aging schedule for its accounts receivable on December 31: Aging Class (Number of Days Past Due) Receivables Balance on December 31 Estimated Percent of Uncollectible Accounts 0-30 days 31-60 days 61-90 days 91-120 days More than 120 days Total receivables $730,000 290,000 111,000 80,000 92,000 $1,303,000 a. Journalize the write-offs under the direct write-off method. If an amount box does not require an entry, leave it bank. Bad Debt Expense Accounts Receivable-Ki Abel Accounts Receivable Le Drake Accounts Receivable Jenny Gre Accounts Receivable Mike Lamb 15 b. Journal the writers and the recen entry level end gen der the wowo balanced and they s ay Recently Robe Akce under the ance method oca comercia How much w o rth tha t income have been under the won the than under med