Entries for Uncollectible Receivables, using Allowance Method Journalize the following transactions in the accounts of Zippy Interiors Company, a restaurant supply company that uses the allowance method of accounting for uncollectible receivables: May 24 Sold merchandise on account to Old Town Cafe, $19,500. The cost of goods sold was $14,000. Sept. 30 Received $3,900 from Old Town Cafe and wrote off the remainder owed on the sale of May 24 as uncollectible. . Dec. 7 Reinstated the account of Old Town Cafe that had been written off on September 30 and received $15,600 cash in full payment. . If an amount box does not require an entry, leave it blank. May 24-sale May 24-cost Sept. 30 T DZ Dec. 7-reinstate Dec. 7-collection Providing for Doubtful Accounts At the end of the current year, the accounts receivable account has a debit balance of $673,000 and sales for the year total $7,630,000. a. The allowance account before adjustment has a debit balance of $9,100. Bad debt expense is estimated at 1/4 of 1% of sales. b. The allowance account before adjustment has a debit balance of $9,100. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $29,100. C. The allowance account before adjustment has a credit balance of $4,500. Bad debt expense is estimated at 1/2 of 1% of sales. d. The allowance account before adjustment has a credit balance of $4,500. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $37,400. Determine the amount of the adjusting entry to provide for doubtful accounts under each of the assumptions (a through d) listed above. a $ b. $ $ d. $