gnment take&inprogress-false Show Me How eBook Entries for Bad Debt Expense Under the Direct Wwrite-Off and Allowance Methods The following selected transactions were taken from the records of Rustic Tables Company for the year ending December 31: June 8. Wrote off account of Kathy Quantel, $9,310. Aug. 14. Received $6,610 as partial payment on the $16,660 account of Rosalie Oakes. Wrote off the remaining balance as uncollectible. Oct. 16. Received the $9,310 from Kathy Quantel, whose account had been written off on June 8. Reinstated the account and recorded the cash receipt. Dec. 31 Wrote off the following accounts as uncollectible (record as one journal entry): $2,700 1,680 6,420 3,720 Wade Dolan Greg Gagne Shannon Poole Receivables Balance Estimated Percent of Aging Class (Number of Days Past Due) 0-30 days 31-60 days 61-90 days $447,000 168,000 53,000 20,000 27,000 91-120 days