PAGE LAYOUT REFERENCES Devereaux Tire Shop (1) - Word (Product Activation Failed) MAILINGS REVIEW VIEW Devereaux Tire Shop Allowance Method Dec 31 We estimated that $22,000 of our accounts receivables will be uncollectible Jan 6 Sold 59,000 of merchandise to leramiah Frank, on account Jan 12 Sold $12,000 of merchandise to Sterling Johnson, on account Jan 18 Sold $2,100 of merchandise to Mark Cooper, on account Apr 14 Wrote off Mark Cooper Apr 23 Received 35% of what Sterling lohnson owes and wrote off the remainder May 2 Received $5,000 from Jeramah Frank and wrote off the remainder May 12 Received 51,000 of what Mark Cooper owes us Dec 31 Using the account for the Allowance for Bad Debt post the above entries It is estimated that 28.000 of our accounts receivables will be uncollectible Allance for Debt General lournal Entry Page 1 Debit Crestit