Entries Related to uncollectible Accounts The following transactions were completed by the wild True Caler Dung the current scal year ended December 313 Jan. 19 Remstated the account of Arlene Burley, which had been written off in the preceding year 3 colectie. Journalized the receipt of 51.765 cash in full payment de lene's account Apr 3 wrote of the 510,110 balance owed by Premer asco, which is boeke MY 16 Received 30% of the 518,100 balance wos by Hayden Co, a bankrugt business, and we off the remander as collectible Nov. 23 Relnotated the account of Harry Car, which had been written off two years as as incredible. Recorded the front of $2875 cash in full payment Dec 31 wion of the following accounts as uncertible tone entry): Covey Co, 37.605: Fugle Co, 32.2 Lake Furniture. 35.005: Melinda Shryet $1.600 31. Based on an arwys ek en sy 000 of accounts received, was ested the 99.000 we de wcalectible amatood the adjusting entry Required: 1. Acord the way I credince of 537,100 m at account presented below arestator for DCC 2. Sourate the transaction. I am amat ber does not regate an entry leve et tilbake. Mater for the December 11 setting every are the 9897.000 bitare in accores recible elects the adjustments made during the year Jan 19 restate Accounts Receivable Arlene Gurley Allowance for Doubtful Accounts Jan 19-collection Cash Accounts Receivable-Arfene Gurley 2. b. Post each entry that affects the following T accounts and determine the new balances: Allowance for Doubtful Accounts Apr. 3 Jan. 1 Balance July 16 Jan. 19 Dec. 31 Nov. 23 Dec. 31 Adjusted Balance Bad Debt Expense 3. Determine the expected net realizable value of the accounts recevable as of December 31 (after all of the adjustments and the adjusting entry). 1. Assuming that instead of basing the provision for uncollectible accounts on an analysis of receivables, the adjusting entry on December 31 had been ba of 55,540,000 for the year, determine the following: a Bad debt expense for the year S b. Balance in the allowance account after the adjustment of December 31. Expected net realizable value of the accounts receivable as of December 31 (after all of the adiuustinents and the adusting entry) Check My Work more Check My Work uses leaning