P8-5A At December 31, 2017, the trial balance of Malone Company contained the follow- ing amounts before adjustment. Debit $180,000 Credit Accounts Receivable Allowance for Doubtful Accounts Sales Revenue 1,500 875,000 Instructions (a) Prepare the adjusting entry at December 31, 2017, to record bad debt expense, assum- ing that the aging schedule indicates that $10,200 of accounts receivable will be uncol- (b) Repeat part (a), assuming that instead of a credit balance there is a $1,500 debit bal- (c) During the next month, January 2018, a $2,100 account receivable is written of as (d) Repeat part (c), assuming that Malone Company uses the direct write-off lectible. ance in Allowance for Doubtful Accounts. uncollectible. Prepare the journal entry to record the write-off. method instead of the allowance method in accounting for uncollectible accounts receivable. ) what are the advantages of using the allowance method in accounting for uncollectible accounts as compared to the direct write-off method