Exercise 8-6 Your answer is partially correct. Try again. 1, on December 31, 2016, when its Allowance for Doubtful Accounts had a debit balance of $1,456, Bramble Corp. estimates that 8% of its accounts receivable balance of $79,700 will become uncollectible and records the necessary adjustment to Allowance for Doubtful Accounts. 2. On May 11, 2017, Bramble Corp. determined that B. Jared's account was uncollectible and wrote off $1,311 3. On June 12, 2017, Jared paid the amount previously written off Prepare the journal entries on December 31, 2016, May 11, 2017, and June 12, 2017. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Date Account Titles and Explanation Debit Credit 1.December 31, 2016 Bad Debt Expense Allowance for Doubtful Accounts 2. May 11, 2017 Allowance for Doubtful Accounts Accounts Receivable 3. June 12, 2017 Accounts Receivable Allowance for Doubtful Accounts To reinstate account previously written off) Prepare the journal entries on December 31, 2016, May 11, 2017, and June 12, 2017. (Credit account titles are automatically indented when amount is entered. Do not indent manually. No. 1.Dember 31, 2016Bad Debt Expense Date Account Titles and Explanation Debit Credit Allowance for Doubtful Accounts 2. May 11, 2017 Allowance for Doubtful Accounts Accounts Receivable 3 . June 12, 2017 Accounts Receivable Allowance for Doubtful Accounts To reinstate account previously written off) Cash Click if you would like to Show Work for this question: Open Show Work