Entries Related to Uncollectible Accounts The following transactions were completed by The Wild Trout Gallery during the current fiscal year ended December 31 : Jan. 19. Reinstated the account of Arlene Gurley, which had been written off in the preceding year as uncollectible. Journalized the receipt of $2,660 cash in full payment of Ariene's account. Apr. 3 Wrote off the $12,750 balance owed by Premier GSCO2, which is bankrupt. July 16 Rereived 25% of the $22,000 balance owed by Hayden C0 a bankrupt business, and wrote off the remainder as uncollectible. Nov. 23 Reinstated the account of Harry Carr, which had been written off two years earlier as uncollectible. Recorded the receipt of $4,000 cash in full payment. Dec. 31 Wrote off the following accounts as uncollectible (one entry): Cavey C0, $3,300; fogle C0, $8,100; Lake Furniture, $11,400; Melindo Shryer, $1,200. 31 Based on an analysis of the $2,350,000 of accounts recelvable, it was estimsted thot $60,000 will be uncollectible. Journalized the adjusting entry. 2. b. Post each entry that affects the following T accounts and determine the new balances: of 11s, aco, 000 for the veay, deteritine the folliwing it. thad deth terpente for the year. b. Dalance in the alteieance sccoum aher the edjuctmert at Decenter 31