Recognized $$88,000$ of revenue on account.

Collected $$82,000$ cash from accounts receivable.

Wrote off uncollectible accounts of $$1,500.$

Recognized uncollectible accounts expense. Grover estimated that uncollectible accounts expense will be $2$ percent of sales on account. Show the effect of each event on the elements of the financial statements, using a horizontal statements model. Use $+$ for increase, $$ for decrease, and blank for not affected. In the Statement of Cash Flows column, indicate whether the item is an operating activity $($OA$),$ investing activity $($IA$),$ financing activity $($FA$),$ or not affected $($blank$).$ The first transaction is entered as an example.

Record the previous transactions in general journal form.