Question $2[12$ points$]$

At year$-$end, December $31,2019$ Dylex Corporation showed unadjusted balances of : $$270,000$ in Accounts Receivable; $$3,900$ credit in Allowance for Doubtful Accounts; and $$750,000$ in Sales. Dylex

Corporation prepared an aging analysis on December $31,2019,$ that estimated total uncollectible accounts to be $$17,500.$

Unadjusted balances at December $31,2020$ were : $$255,000$ in Accounts Receivable; $$3,000$ debit in Allowance for Doubtful Accounts; and $$825,000$ in Sales. Uncollectible accounts are estimated to

be $4\mathrm{.}5\%$ of outstanding accounts receivable.

At December $31,2021,$ the General Ledger showed unadjusted balances of : $$290,000$ in Accounts Receivable; $$3,200$ debit in Allowance for Doubtful Accounts; and $$1,050,000$ in Sales. Uncollectible

accounts are estimated to be $2\mathrm{.}5\%$ of sales.

Use this information to prepare the $2019,2020,$ and $2021$ year$-$end adjusting entries to estimate uncollectible accounts. Enter an appropriate description when entering the transactions in the journal.

Dates must be entered in the format dd$/$mmm $($ie$.$ January $15$ would be $\frac{15}{J}an).$

T$-$accounts have been provided for your calculations, but will not be marked.