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Colotado Rocky Cookle Company offers credit terms to its customers. At the end of 2024, accounts receivable totaled $670,000. The allowance method is used to account for uncollecible accounts. The allowance for uncollectible accounts had a credit balance of $41000 at the beginting of 2024 and $25,500 in recelvables were wilten olf during the year as uncollectible, Also, $2,100 in cash was recelved in December from a customer whose account previously had been witten ofl. The company estimates bad debis by applying a percentage of 15%, to accounts recelvable at the end of the yeor. Required: 1. Prepare joumal entries to record the wite-off of recelvabies, the collection of $2,100 for previously written off recelvables, and the year end adjusting entry for bad debt expense. 2. How would accounts recelvable be shown in the 2024 year-end balance sheet? Complete this question by entering your answers in the tabs below. Prepare journal entries to record the write-off of recelvables, the collection of $2,100 for previously written off receivables, end adjusting entry for bad debt expense. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet Prepare journal entries to record the write-off of receivables, the collection of $2,100 for previously written off recelvables, and the yearend adjusting entry for bad debt expense. Note: if no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet Record the reinstatement of an account previously written off. Note: Eivindetses before credit. Prepare journal entries to record the write-off of receivables, the collection of $2,100 for previously written off receivables, and the yearend adjusting entry for bad debt expense. Note: If no entry is required for a transactionjevent, select "No journal entry required" in the first account field. Journal entry worksheet 4 Record collection of account previously written off. Note Enter debits betare credts. Prepare journal entries to record the write-off of receivables, the collection of $2,100 for previously written off receivables, and the yearend adjusting entry for bad debt expense. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account fieid. Journal entry worksheet Record bad debt expense for the year: Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. How would accounts recelvable be shown in the 2024 year-end balance sheet