he following transactions were completed by Emmanuel Company during the current fiscal year ended December 31 : Jan. 29 Received 35% of the $18,600 balance owed by Jankovich Co., a bankrupt business, and wrote off the remainder as uncollectible. Apr. 18 Reinstated the account of Vince Karm, which had been written off in the preceding year as uncollectible. Journalized the receipt of $7,445 cash in full payment of Karm's account. Aug. 9 Wrote off the $6,375 balance owed by Golden Stallion Co., which has no assets. Nov. 7 Reinstated the account of Wiley Co., which had been written off in the preceding year as uncollectible. Journalized the receipt of $3,840 cash in full payment of the account. Dec. 31 Wrote off the following accounts as uncollectible (one entry): Claire Moon Inc., \$7,240; Jet Set Co., $5,575; Randall Distributors, $9,355; Harmonic Audio, $1,035. 31 Based on an analysis of the $1,768,000 of accounts receivable, it was estimated that $35,360 will be uncollectible. Journalized the adjusting entry. 1. Record the January 1 credit balance of $26,195 in a T account for Allowance for Doubtful Accounts. * 2b. Post each entry that affects the following selected T accounts and determine the new balances: Allowance for Doubtful Accounts and *The ending balance label is provided on the left side of the T account even when the ending balance is a credit. The unused cell on the balance line should be left blank