part b please

The ledger of Sheridan Company at the end of the current year shows Accounts Receivable $112,000, Credit Sales $853,000, and Sales Returns and Allowances $28,000. Journalize the following independent situations. (a) Your answer is correct. If Sheridan uses the direct write-off method to account for uncollectible accounts, journalize the entry at December 15 , if Sheridan determines that L. Dole's $2,300 balance is uncollectible. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) If Allowance for Doubtful Accounts has a credit balance of $3,200 in the trial balance, journalize the adjusting entry at December 31 , assuming uncollectibles are expected to be 12% of accounts receivable. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)