Question 1 Record the following selected transactions for Allistar Company during its first two months of operations: Mar. 4 Performed services for various customers on account: $165,000 15 Collected $80,000 from credit customers. 20 Determined that Tom Williams, a credit customer, would not be paying his $5,000 account; wrote it off. 25 Tom Williams came into an inheritance and paid Allistar the amount written off on March 20 Apr 2 Performed services for various customers on account: $280,000. 9 Collected $110,000 from credit customers 30 Allistar estimated bad debt expense to be 38,000