On September 30, Hilly Mountain Party Planners had a $30,000 balance in Accounts Receivable and a $2,000 credit balance in Allowance for Uncollectible Accounts. During October, the store made credit sales of $161,000. October collections on account were $137,000, and write-offs of uncollectible receivables totaled $2,300. Uncollectible account expense is estimated as 4% of revenue.

1. How much bad debt expense should be recorded for 2010?
2. What is the journal entry?
3. How will Hilly Mountain Party Planners report Accounts Receivable on October 31 balance sheet?