Fan-Tastic Sports Gear Inc.

You have just been hired as the accountant for Fan-Tastic Sports Gear Inc., a wholesaler of sporting goods and apparel. The previous accountant left abruptly in late December, 20Y7, and an accounting intern has been drafting the journal entries since January. You are examining the accounting records before finalizing the journal entries for the first quarter of 20Y8. The following journal shows some of the accounts receivable transactions that you are reviewing.

Journal
Date	Description	Debit	Credit
Jan. 17	Sales	9,700
	Bad Debt Expense		9,700
17	Bad Debt Expense	9,700
	Accounts Receivable-CJs Sports Corp.		9,700
21	Cash	10,700
	Bad Debt Expense	2,200
	Accounts Receivable-Four Seasons Sportswear Co.		12,900
Feb. 15	Accounts Receivable-Healthy Running Inc.	3,000
	Bad Debt Expense	500
	Sales		3,500
Mar. 4	Accounts Receivable-Four Seasons Sportswear Co.	2,200
	Bad Debt Expense		2,200
4	Cash	2,200
	Bad Debt Expense		2,200
13	Cash	5,540
	Accounts Receivable-Barbs Best Gear		5,540
31	Bad Debt Expense	20,870
	Accounts Receivable-Healthy Running Inc.		5,150
	Accounts Receivable-The Locker Room		4,100
	Accounts Receivable-CJs Sports Corp.		2,780
	Accounts Receivable-Get Your Gear Inc.		7,050
	Accounts Receivable-Ready-2-Go		1,790

2. Finalize the journal entries shown on the Fan-Tastic Sports Gear Inc. panel and make any ne Jan. 17 Cash x Accounts Receivable-CJ's Sports Corp. Jan. 21 Cash Allowance for Doubtful Accounts Accounts Receivable-Four Seasons Sportswear Co. Feb. 15 Mar. 4 III II II II II III II II II Mar. 4 Mar. 13 Mar. 31