Name:

Caleb Inc. has the following account balances as of December $31,2021($before any

adjustment$)$:

And the following aging analysis on its accounts receivable:

What year$-$end adjustment is needed? Show your calculations $($can be added to the table above$)$

and the journal entry below.

On February $5,2022,$ Caleb wrote off $$2,000$ of receivables from the $91+$ days category

Show the journal entry they made: