Jan. 15 Aps Dec. 31 Entries Related to collectible Accounts The following transactions were completed by The Wild Trout Gallery during the current fiscal year ended December 31 Reinstated the account of Arlene Gurley, which had been written off in the preceding years uncollectible Journalised the recept of 32.175 cash in full payment of Arlene's count Wrote of the $12.460 balance sured by Premier aco, which is bankrupt. Ny 16 Received of the $22.400 balance ewed by Hayden Chbankrupt business and wrote of the remainder s uncollectible Heinstated the account of Harry Car which had been written off two years are as uncollectible, acorded the receipt of 52,545 Nov 23. cash in fill Wrote ell the following acounts as uncollectible (oma estry Coway Cam. Vople C 12,7151 le Furniture 87.450 Mulinda Sheet 2.025 tased on an analysis of the $1,100,000 of accounts receivable. timated the $4.000 cible. Journalised Dec. 31 the justing Required: 1. Racord the Juniaty 1 crede balance of 545.700 wa Tactounerented below in revirement auteuil Axon 2... Journals the transaction. For a compound transaction, an amount boredom motores entry we blank. Note. For the December 31 tunting untry math 59.404.000 balance in wccounts receivable reflects the adjustments made during the year Jan. 19-tate Accounts Receivable Arlene Gurley Allowance for Dolf Accounts Jan. 15-collection Cash hits Receivable Arlene Grey Alert Account Accounts Becer. Premiere Canh Cash July 16 Allowance for Doubtful Accounts HII Accounts Receivable-Hayden Co. Nov. 23-reinstate Accounts Receivable-Harry Carr Allowance for Doubtful Accounts Nov. 23-collection Cash Accounts Receivable-Harry Carr Dec. 31-write-off Allowance for Doubtful Accounts Accounts Receivable-Cavey Co. Accounts Receivable-Fogle Co. 1111 Accounts Receivable-Lake Furniture Accounts Receivable-Melinda Shryer Dec. 31-adjusting Bad Debt Expense Allowance for Doubtful Accounts 2. b. Post each entry that affects the following Taccounts and determine the new balances: Allowance for Doubtful Accounts pan. 1 Balance 2. b. Peath try that affects the following counts and determine the whalances Allowance for the ful Accounts an, Balance De Arte Balance Bad Debt Expen 2. Determine the expected retreat of the countries of December 31 (after will of these and the dating entry 4. Auming that intent of am the provision for uncalectible accounts on an nobles the dig entry on December 31 had been based on a stated of $6.120.000 for the admin the following: Balance in the wine cont whethemet December 31 Expected that realable value of the contracts of December where the adjustments and the acting ty)