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On December 31, 2021, when its Allowance for Doubtful Accounts had a credit balance of $1,900, Pharoah Company estimates that 8% of its accounts receivable

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On December 31, 2021, when its Allowance for Doubtful Accounts had a credit balance of $1,900, Pharoah Company estimates that 8% of its accounts receivable balance of $97,000 will become uncollectible. On March 3, 2022, Pharoah Company determined that Megan Jost's account of $940 was uncollectible. On May 15, 2022, Jost paid the amount previously written off Prepare the journal entries for December 31, 2021, March 3, 2022 and May 15, 2022. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit !. (To reinstate an account previously written off) (To record payment on account in full)

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