Pincus Associates uses the allowance method to account for bad debts. $2024$ was the first year of operations for Pincus, so it had a $$0$ opening balance in its allowance for uncollectible accounts. During $2024,$ Pincus provided a total of $$297,000$ of services on account. In $2024,$ the company wrote off uncollectible accounts of $$12,000.$ By the end of $2024,$ cash collections on accounts receivable totaled $$252,000.$ Pincus estimates that $20\%$ of the accounts receivable balance at $12/31/2024$ will prove uncollectible.

Required:

What journal entry did Pincus record to write off uncollectible accounts during $2024?$

What journal entry should Pincus record to recognize bad debt expense for $2024?$