Required:

Using the following categories, indicate the effects of the following transactions. Indicate the accounts affected and the amounts. If a transaction affects a temporary account, include the account name under "Temporary Accounts" and the financial effect under $"$NI$."$ Do not enter an amount under "Stockholders' Equity" fpr these transactions; their impact on stockholders' equity will occur later when the temporary accounts are closed at year$-$end. Do notenter No Effect $($NE$)$ or zero for any cells without an effect for each transaction despite what may be shown in textbook demonstration cases as these cells should be left blank.

Note: Enter any decreases to Assets, Liabilities, Stockholders' Equity, and Net Income with a minus sign.

a$.$ During the period, customer balances are written off in the amount of $$10,000.$

b$.$ At the end of the period, bad debt expense is estimated to be $$8,000.$