Outdoor Equipment (OE) sells camping equipment. On December 1, the accounts receivable account had a balance of $51,000, the bad debt expense account had a balance of $0, and the allowance for doubtful account had a credit balance of $5,100. Journalize the remaining journal entries for the 2017 year. Dec. 2 Sold tents for $5,200 on account with a cost of $2,600. 20 Determined that the total accounts of Rocky Co. with an accounts receivable balance of $1,300 and Grouse Co. with an accounts receivable balance of $2,600 were uncollectible and needed to be written off. 23 Unexpectedly received payment from Grouse Co. for $2,600. 31 Estimated that 10% of accounts receivable recorded to date would be uncollectible. Required: 1. Prepare journal entries to record the transactions. Note: Write-off of uncollectible accounts for Rocky Co. and Grouse Co. should be posted separately.

Journal entry worksheet

Record the estimate for uncollectible accounts.

Note: Enter debits before credits.

Date	General Journal	Debit	Credit
Dec 31, 2017	Bad debt expense	520
	Allowance for doubtful accounts		520

2. Post the T-account for accounts receivable, bad debt expense, and allowance for doubtful accounts. Determine the ending balance for each account.

Accounts Receivable					Allowance for Doubtful Accounts
Beg. Bal.	51,000				Beg. Bal.		5,100
End. Bal.	51,000				End. Bal.		5,100
Bad debt expense
Beg. Bal.
End. Bal.	0