PRIN. OF ACETTAIT (ACET 2101 CALCULATOR Question 9 The Concord Corporation uses the allowance method in accounting for uncollectible accounts Past experience indicates that Selected account balances at December 31, 2021, and December 31, 2022, appear below of accounts receivable will eventually be collectie Net Credit Sales Accounts Receivable Allowance for Doubtful Accounts 12/31/2021 $139,000 86,000 4,500 12/31/2022 $542,500 170,000 Record the following events in 2022. (Ce onder presented in the problem countries are automatically indented when the antise m inent l y condom Aug. 10 Sept. 12 Oct. 10 Determined that the account of Kurt West for $1,000 is uncollectible. Determined that the account of Will Lynch for $2,600 is uncollectible, Received a check for $480 as payment on account from Kurt West, whose account had previously been written off as uncollectible Date Account Titles and Explanation Debit Credit