On January 1, Wel Company begins the accounting period with a $30,000 credit balance in Allowance for Doubtful Accounts a. On February 1, the company determined that $6,800 in customer accounts was uncollectible, specifically, $900 for Oakley Co. and $5,900 for Brookes Co. Prepare the journal entry to write off those two accounts. b. On June 5, the company unexpectedly received a $900 payment on a customer account, Oakley Company, that had previously been written off in part a Prepare the entries to reinstate the account and record the cash received. View transaction list Journal entry worksheet Following is a list of credit customers along with their amounts owed due and the days past due at December 31. Following that list are five classifications of accounts receivable and estimated bad debts percent for each class. @ Days Past Due 31 to 60 61 to 90 5 8 % 1 to 30 3% Over 90 Percent uncollectible 1% Customer Days Past Accounts Receivable 54,603 Due BCC Company Lannister Co. Mike Properties Ted Reeves Jen Steffens 5,000 See 2.ee 1. Create an aging of accounts receivable schedule of accounts receivable by age similar to the table given above. Calculate the estimated balance for the Allowance for Doubtful Accounts. Estimated balance for Allowance for Doubtful Accounts $ 13,360 2. Assuming an unadjusted credit balance of $100, record the required adjustment to the Allowance for Doubtful Accounts View journal entry worksheet Date No 1 General Journal Credit Debit 13.260 Dec 31 Bad debts expense Allowance for doubtful accounts 13260