oso te changes in the aging schedule from 2016 to 2017. oon Recember 31, 2016, when its Allowance for Doubtful Accounts had a debit Prepare ena balance of $1,400, Dallas Co. estimates that 9% of its accounts receivable balance of uncollectil will become uncollectible and records the necessary adjustment to Allowance for recovery. $90,000 oubtful Accounts. On May 11, 2017, Dallas Co. determined that B. Jared's account was uncollectible and wrote off $1,200. On June 12, 2017, Jared paid the amount previously written off. (L0 2),AP Instructions Prepare the journal entries on December 31, 2016, May 11, 2017 , and June 12, 2017 E8-7 On March 3, Plume Appliances sells $710,000 of its receivables to Western Factors Prep Inc. Western Factors Inc. assesses a service charge of 4% of the amount of receivables sold, recei Instructions Prepare the entry on Plume Appliances' books to record the sale of the receivables. customer's Best Business Bank MasterCard. At the end of the day, the Best Business Bank MasterCard receipts were deposited in the company's bank account. Best Business Bank E8-8 On May 10, Keene Company sold merchandise for $4,000 and accepted the P charges a 3.8% service charge for credit card sales. Instructions Prepare the entry on Keene Company's books to record the sale of merchandise 250 dinnerbill Visa charges 8-9 On July 4, Mazie's Restaurant accepts a Visa card for a $ a service fee