Presented below is an aging schedule for Oriole Company at December 31, 2021.

						Number of Days Past Due
Customer		Total		Not Yet Due		130		3160		6190		Over 90
Anders		$ 24,300				$12,000		$12,300
Blake		41,000		$ 41,000
Coulson		57,800		16,300		5,500				$36,000
Deleon		34,200										$34,200
Others		131,400		94,900		15,600		14,900				6,000
		$288,700		$152,200		$33,100		$27,200		$36,000		$40,200
Estimated Percentage Uncollectible				3%		6%		13%		26%		43%
Total Estimated Bad Debts		$ 36,734		$ 4,566		$ 1,986		$ 3,536		$ 9,360		$17,286

At December 31, 2021, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $11,100.

a.

Journalize and post the adjusting entry for uncollectibles at December 31, 2021. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Date	Account Titles	Debit	Credit
Dec. 31	enter an account title for the adjusting entry on December 31	enter a debit amount	enter a credit amount
	enter an account title for the adjusting entry on December 31	enter a debit amount	enter a credit amount

Bad Debts Expense
Date	Explanation	Ref.	Debit	Credit	Balance
Dec. 31	Adjusting		enter a debit amount	enter a credit amount	enter a balance amount
Allowance for Doubtful Accounts
Date	Explanation	Ref.	Debit	Credit	Balance
Dec. 31	Balance		enter a debit amount	enter a credit amount	enter a balance amount
Dec. 31	Adjusting		enter a debit amount	enter a credit amount	enter a balance amount

b.

Journalize and post to the allowance account these 2022 selected events and transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

1.		On March 31, a $1,000 customer balance originating in 2021 is judged uncollectible.
2.		On May 31, a check for $1,000 is received from the customer whose account was written off as uncollectible on March 31.

No.	Date	Account Titles and Explanation	Debit	Credit
1.	Mar. 31	enter an account title for the journal entry on March 31	enter a debit amount	enter a credit amount
		enter an account title for the journal entry on March 31	enter a debit amount	enter a credit amount
2.	May 31	enter an account title to reverse write-off on May 31	enter a debit amount	enter a credit amount
		enter an account title to reverse write-off on May 31	enter a debit amount	enter a credit amount
		(To reverse write-off)
	May 31	enter an account title to record collection of write off on May 31	enter a debit amount	enter a credit amount
		enter an account title to record collection of write off on May 31	enter a debit amount	enter a credit amount
		(To record collection of write off.)

Allowance for Doubtful Accounts
Date	Explanation	Ref.	Debit	Credit	Balance
Dec. 31, 2021	Balance				11,100
Dec. 31, 2021	Adjusting			25,634	36,734
Mar. 31, 2022			enter a debit amount	enter a credit amount	enter a balance amount
May 31, 2022			enter a debit amount	enter a credit amount

c.

Journalize the adjusting entry for uncollectibles on December 31, 2022, assuming that the unadjusted balance in Allowance for Doubtful Accounts is a debit of $770 and the aging schedule indicates that total estimated uncollectibles will be $30,300. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Date	Account Titles	Debit	Credit
Dec. 31	enter an account title for the adjusting entry on December 31	enter a debit amount	enter a credit amount
	enter an account title for the adjusting entry on December 31	enter a debit amount