First Investors c Get Homework Hel... The Tamarisk, Inc. uses the allowance method in accounting for uncollectible accounts. Past experience indicates that 5% of accounts receivable will eventually be uncollectible. Selected account balances at December 31, 2021, and December 31, 2022, appear below. 12/31/2021 $500,000 12/31/2022 $524,500 Net Credit Sales Accounts Receivable 99,000 120,000 Allowance for Doubtful Accounts 4,000 Record the following events in 2022. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Aug. 10 Sept. 12 Oct. 10 Determined that the account of Kurt West for $1.300 is uncollectible. Determined that the account of Jill Lynch for $2,300 is uncollectible. Received a check for $470 as payment on account from Kurt West, whose account had previously been written off as uncollectible. Debit Credit Date 0 Account Titles and Explanation F e 3 eyplus.com/courses/35004/assignments/3650731 Tube Maps First Investors Get Homework Hel... Date Account Titles and Explanation Debit Credit (To reinstate Kurt West account previously written off (To record collection e Textbook and Media A * 53/2020 O search hp