Rays GamePlace sells all the hottest gear and video games. On January 1, 20X7, Rays had the following account balances: a. During 20X7, Rays wrote off $6,000 in uncollectible accounts. Make this journal entry. b. One account in the amount of $500 that had been written off in (a) above was collected. Make the journal entries to reinstate the account and show its collection. c. During 20X7, Rays made credit sales of $145,000 and collected $115,000 of accounts receivable. Record these journal entries. d. At the end of the year, Rays determines that approximately 7 percent of its ending accounts receivable balance will not be collected. Rays uses the percentage of receivables method of calculating bad debts. Make the necessary journal entry.