Outdoor Equipment $($OE$)$ sells camping equipment. On December $1,$ the accounts receivable account had a balance of $$51,900,$ the bad debt expense account

had a balance of $$0,$ and the allowance for doubtful accounts had a credit balance of $$5,190.$ Journalize the remaining journal entries for the $2023$ year.

Dec. $2$ Sold tents for $$5,380$ on account with a cost of $$2,690.$

$20$ Determined that the total accounts of Rocky Co$.$ with an accounts receivable balance of $$1,390$ and Grouse Co$.$ with an

accounts receivable balance of $$2,690$ were uncollectible and needed to be written off.

$23$ Unexpectedly received payment from Grouse Co$.$ for $$2,690.$

$31$ 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.

View transaction list

Journal entry worksheet

$1$

$2$

$3$

$4$

$5$

$6$

Record the estimate for uncollectible accounts.

Note: Enter debits before credits.

Record entry

Clear entry

View general journal

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