help with bad debt expense

and allowance for doubtful

Entries for baid debt expense under the direct write off and allowance method The following selected transactions were taken from the records of Rusbc Tables Company for the year ending December 31 : June 8. Wrote off account of Kathy Quantel, $4,160. Aug. 14: Received $2,950 as partial payment on the $7,450 account of Rosalie Oakes. Wrote off the remaining balance as uncollectible, Oct. 16. Received the $4,160 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): Deci 31. If necessary, journalize the year-end adjusting entry for uncollectible accounts. If no sitry is required, select "No Entry Required" and leave the amount boxes blank. If an amount box does not require an entry, leave it blank. If no eatry is required, select "No entry" and leave the amount boxes blank. If an amount box does not require an-entry, leave it blark. a. Jolarnalize the transactions under the direct writeroff method. a. Jourraize the transactions under the direct write-oft method, Oct. 16 Accounts Receivable-Kathy Quantel V Allowance for Doubtful Accounts Oct. 16 Cash Accounts Receivable-Kathy Quantel Accounts Receivable-Greg Gagne Accounts Receivable-Amber Kisko v Accounts Receivable-Shannon Poole V Accounts Receivable-Niki Spence =v Dec. 31 Bad Debt Expense Allowance for Doubrful Accounts c. How much higher (lower) would Rustic Tables' net income have been under the direct write-off mothod than under the allowance method? by