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On December 31, 2021, the Allowance for Doubtful Accounts has an unadjusted debit balance of $1,070. Handley Corporation estimates that 8% of its total accounts

On December 31, 2021, the Allowance for Doubtful Accounts has an unadjusted debit balance of $1,070. Handley Corporation estimates that 8% of its total accounts receivable balance of $94,000 will become uncollectible and records the necessary adjustment to the Allowance for Doubtful Accounts. On May 11, 2022, Handley Corporation determined a J. Renos account was uncollectible and wrote off $1,430. On June 12, 2022, Reno paid the amount previously written off. Prepare the journal entries on December 31, 2021, May 11, 2022, and June 12, 2022. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Date

Account Titles and Explanation

Debit

Credit

choose a transaction date Dec. 31/21May 11/22June 12/22

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

choose a transaction date Dec. 31/21May 11/22June 12/22

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

choose a transaction date Dec. 31/21May 11/22June 12/22

enter an account title to reverse write-off of account receivable

enter a debit amount

enter a credit amount

enter an account title to reverse write-off of account receivable

enter a debit amount

enter a credit amount

(To reverse write-off of account receivable)

enter an account title to record recovery of uncollectible amount

enter a debit amount

enter a credit amount

enter an account title to record recovery of uncollectible amount

enter a debit amount

enter a credit amount

(To record recovery of uncollectible amount)

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