Pharoah Company uses the allowance method in accounting for uncollectible accounts. Past experience indicates that 8% of receivables will eventually be uncollectible. Selected account balances at December 31, 2019, and December 31, 2020, appear below:

Record the following events in 2020. The given balance in the Accounts Receivable account at December 31, 2020 reflects the 2020 transactions.

Pharoah Company uses the allowance method in accounting for uncollectible accounts. Past experience indicates that 8% of receivables will eventually be uncollectible. Selected account balances at December 31, 2019, and December 31, 2020, appear below: Your answer has been saved. See score details after the due date. Record the following events in 2020. The given balance in the Accounts Receivable account at December 31, 2020 reflects the 2020 transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. List all debit entries before credit entries. Aug. 10 Determined that the account of L. Young for $672 is uncollectible. Sept. 12 Determined that the account of J. E. Ford for $3,808 is uncollectible. Oct. 10 Received a check for $448 as payment on account from L. Young, whose account had previously been written off as uncollectible. She indicated the remainder of her account would be paid in November. Nov. 15 Received a check for $224 from L. Young as payment on her account. Your answer has been saved. See score details after the due date. Prepare the adjusting journal entry to record the bad debt provision for the year ended December 31, 2020. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entry before credit entry.) Your answer has been saved. See score details after the due date. What is the balance of Allowance for Doubtful Accounts at December 31, 2020? Balance of allowance for Doubtful Accounts at December 31, 2020$