Outdoor Equipment $($OE$)$ sells camping equipment. On December $1,$ the accounts receivable account had a balance of $$50000,$ the bad debt expense account had a balance of $$0,$ and the allowance for doubtful accounts had a credit balance of $$5,000.$ Journalize the remaining journal entries for the $2023$ year.

Dec. $2$ Sold tents for $$5,000$ on accaunt with a cost of $$2500$

Determined that the total accounts of Rocky Co$.$ with an accounts receivable balance of $$1,200$ and

Dec $20$ Grouse Co$.$ with an accounts receivable balance of $$2,500$ were uncollectible and needed to be written off.

Dec $23$

Unexpectedly received payment from Grouse co$.$ for $$2,500$

Dec $31$

Estimated that $10\%$ of accounts receivable recorded to date would be uncollectible.

Required:

Prepare journal entries to record the transactions. Note: Write$-$aff of uncollectible accounts for Rocky Co and Grouse Co$.$ should be posted separately.