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On December 31, 2021, when its Allowance for Doubtful Accounts had a debit balance of $1,500, Monty Corp. estimates that 100 of its accounts receivable

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On December 31, 2021, when its Allowance for Doubtful Accounts had a debit balance of $1,500, Monty Corp. estimates that 100 of its accounts receivable balance of $67,000 will become uncollestible and records the necessary adjustment to Allowance for Doubtfal Accounts, On May 11, 2022. Monty Corp determined that B. Jared's account was uncollectible and wrote off \$1,100, On June 12 , 2022 Jared paid the amount previously writtenioff. Prepare the joumal entries on December 31, 2021, May 11, 2022, arid June 12, 2022, (Credit account tidec are autamatically indented When amount is entered, Do not indent manually If no entry is requled, select "No Entry" for the account cieles and enter O for the amounta) Question 12 of 13 (To reverse write off) (To record collection of write off) eTextbook and Medias List of Accounts Attempts: of 3 used cekinit Argwer irenny

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