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Question 3: Selected data for the Erdin Corporation for the year ended Decmeber 31, 20x5 is provided below: Credit sales Accounts receivable written off Recoveries

image text in transcribed Question 3: Selected data for the Erdin Corporation for the year ended Decmeber 31, 20x5 is provided below: Credit sales Accounts receivable written off Recoveries of previously written of accounts receivable Allowance for doubtful accounts balance, January 1,205 Accounts receivable, December 31,205 $4,500,00036,5001,80033,000cr.625,000 Erdin estimates that 0.8% of sales will be uncollectible. Required - Write the journal entries to record the accounts receivable written off, the recoveries and the bad debt expense. Calculate the ending balance in the allowance for doubtful account at December 31,205. Note that the accounts receivable and recoveries have been accounted for in the ending Accounts Receivable balance

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