Entries Related to Uncollectible Accounts The Codementy Shelf Brytet Codem Avio The following transactions were completed by The Wild Trout Gallery during the current fiscal year ended December 31 Jan. 19. Apr. 3. July 16. Nov. 23. Dec. 31. Dec. 31. Required: Reinstated the account of Arlene Gurley, which had been written off in the preceding year as uncollectible. Journalized the receipt of $2,035 cash in full payment of Arlene's account. Wrote off the $11,660 balance owed by Premier GS Co, which is bankrupt. Received 25% of the $20,900 balance owed by Hayden Co, a bankrupt business, and wrote off the remainder as uncollectible. Reinstated the account of Harry Cart, which had been written off two years earker as uncollectible. Recorded the receipt of $3,315 cash in full payment. Wrate off the following accounts as uncollectible (one entry): Cavey Co,$8,770; Foditure, $6,005; Melinda Shryer, $1,895. Based on an analysis of the $1,030,400 of accounts receivable, it was estimated that $44,800 will be uncollectible. Journalized the adjusting entry. 1. Record the January 1 credit balance of $42,700 in a T account presented below in requirement 2b for Allowance for Doubtful Accounts 2. a. Journalize the transactions. For a compound transaction, if an amount box does not require an entry, leave it blank Note: For the December 31 adjusting entry, assume the $1,030,400 satance acute res the adjustments made during the year Jan, 19-reinstate Accounts Receivable Arlene Gurley 2015 Allowance for Doubtful Accounti Jan 19 collection Cash 2035 Accounts Receivable Arlene Gurley Remaining 1:03:28 Type here to search A work saved HEWLETT PACKARD Pev