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Journalize the 2022 transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manually.) 1. March 1, a $570 customer balance
Journalize the 2022 transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manually.) 1. March 1, a $570 customer balance originating in 2021 is judged uncollectible. 2. May 1, a check for $570 is received from the customer whose account was written off as uncollectible on March 1. No. Date Account Titles and Explanation Debit Credit 1. 2. (To reinstate account previously written off) LINK TO TEXT LINK TO VIDEO Post to the allowance account these 2022 events. (Post entries in the order of journal entries posted in the previous part.) 2021 Allowance for Doubtful Accounts 12/31 Bal. 12/31 12/31 Bal. 8,300 30,752 39,052 2022 LINK TO TEXT LINK TO VIDEO Journalize the adjusting entry for bad debts at December 31, 2022, assuming that the unadjusted balance in Allowance for Doubtful Accounts is a debit of $1,300 and the aging schedule indicates that total estimated bad debts will be $38,000. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit
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