Outdoor Equipment $($OE$)$ sells camping equipment. On December $1,$ the accounts receivable account had a balance of $$50,900,$ the bad debt expense account had a balance of $$0,$ and the allowance for doubtful accounts had a credit balance of $$5,090.$ Journallze the remaining journal entrles for the $2023$ year.

Dec. $2$ Sold tents for $$5,180$ on account with a cost of $$2,590.$

Determined that the total accounts of Rocky Co$.$ with an accounts receivable balance of $$1,290$ and

$20$ Grouse Co$.$ with an accounts receivable balance of $$2,590$ were uncollectible and needed to be written off.

$23$ Unexpectedly received payment from Grouse Co$.$ for $$2,590.$

$31$ Estimated that $10\%$ of accounts receivable recorded to date would be uncollectible.

Required:

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

$$

$q,$

$\backslash$table$[[,$No$,$Date,General Journal,Debit,Credit$],[\%,1,$Dec $02,2023,$Accounts receivable,$5,180,],[,,$Sales,,$5,180],[\%,2,$Dec$02,2023,$Cost of goods sold,$2,590,],[,,$Merchandise inventory,,$2,590],[2,3,$Dec $20,2023,$Allowance for doubtful accounts,$1,290,],[,,$Accounts receivable $-$ Rocky Co$.,,1,290,],[,,$Allowance for doubtful accounts,$2,590,],[,,$Accounts receivable $-$ Grouse Co$.,,2,590],[2,4,$Dec $23,2023,$Accounts receivable,$2,590,],[,,$Cash,,$2,590],[2,5,$Dec $23,2023,$Cash,$2,590,],[,,$Accounts receivable,,$2,590],[2,6,$Dec $31,2023,$Bad debt expense,$4,080,],[,,$Allowance for doubtful accounts,,$4,080]]$ Post the T$-$account for accounts recelvable, bad debt expense, and allowance for doubtful accounts. Determine the ending balance

for each account. Required:

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

posted separately. Post the T$-$account for accounts recelvable, bad debt expense, and allowance for doubtful accounts. Determine the ending balance

for each account.