I need help answering....

pense have balance. ns), and post able is d on the More Info 2018 Dec. 31 Estimated that bad debts expense for the year was 2% of credit sales of $440,000 and recorded that amount as expense. The company uses the allowance method 31 Made the closing entry for bad debts expense. Jan. 17 Sold merchandise inventory to Matt Jayco, $1,.200, on account Ignore Cost of Jun. 29 Wrote off Matt Jayco's account as uncollectible after repeated eliorts to collect Aug 6 Received $1,200 from Matt Jayco, along with a letter apologizing for being so Dec. 31 Made a compound entry to write off the following accounts as unco ectible 2019 Goods Sold from him. late. Reinstated Jayco's account in full and recorded the cash receipt Bruce Kelly, $1,700, Marie Cuty, $1,300; and Robert Ronson, $250 Estimated that bad debts expense for the year was 2% on credit sales of $530,000 and recorded the expense. Made the closing entry for bad debts expense 31 31 Print Done