Entries Related to Uncollectible Rccounts The following transactions were completed by The Wid Trout Gallery during the current fiscal year ended December 31 t Jan. 19 Reinstated the account of Arlene Gurlev, which had been written off in the preceding vear as uncollectible. Joumalized the receipt of $2.295 cash in full payment of Ariene's account. Apc 3 Wrote off the $13,150 balance owed by Premier 65 Co. which is bankrupt. July 16 Received 40\% of the 523,600 balance owed by Havden Co. a banknopt busineis. and wrote off the remainder as uncollectible. Nov, 23 Reinstated the acceunt of Harry Cart which had been watten off two vears earlier as uncollectible. Recorded the receipt of $3.740 cash in full payment. Dec. 31 Wrote off the following accounts as uncollectible (one entry) , Cavey Co, $9,890; Fogle Co, $2,940; Lake Fumiture, $7,550;, Melinda Shryec, $2,135. 31. Aased on an analysir of the $1,163,800 of accounts receivable, is was eacimated that $50,600 will be uncollectible, Journalized the adjusting entry. 4