les Related to Uncollectible Accounts Jan. 19. 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 year as uncollectible. Journalized the receipt of $2,240 cash in full payment of Arlene's account. Apr. 3. Wrote off the $12,840 balance owed by Premier GS Co., which is bankrupt. July 16. Received 25% of the $23,000 balance owed by Hayden Co., a bankrupt business, and wrote off the remainder as uncollectible. Reinstated the account of Harry Carr, which had been written off two years earlier as uncollectible. Recorded the receipt of $3,650 Nov. 23. cash in full payment Dec. 31. Wrote off the following accounts as uncollectible (one entry): Cavey Co.,59,655; Fogle Co., $2,865; Lake Furniture, $7,370; Melinda Shryer, $2,085 Based on an analysis of the $1,136,200 of accounts receivable, it was estimated that $49,400 will be uncollectible, Journalized the adjusting entry