Millennium Associates records bad debt using the allowance, balance sheet method. They recorded $399,420 in accounts receivable for the year, and $815,270 in credit sales. The uncollectible percentage is 3.6% on November 22, Millennium Associates identifies one uncollectible account from Angel's Hardware in the amount of $3,750 On December 18, Angel's Hardware unexpectedly pays its account in full. Record journal entries for the following A. Year-end adjusting entry for 2017 bad debt B. November 22, 2018 Identification entry C. Entry for payment on December 18, 2018 If an amount box does not require an entry, leave it blank Round your answers to two decimal places. Dec 31, 2017 Bad Debt Expense Allowance for Doubtful Accounts To record bad debt expense, balance sheet method Nov. 22, 2018 Allowance for Doubtful Accounts Accounts Receivable: Angel's Hardware To record bad debt for identitled customer Dec 18, 2018 Accounts Receivable: Angel's Hardware Allowance for Doubtful Accounts To reinstate previously written-of bad debt 98 8 Dec. 18, 2018 Cash Accounts Receivable: Angel's Hardware To record full payment Freak Cho My Work