Rigney Inc. uses the allowance method to estimate uncollectible accounts receivable. The company produced the following aging of the accounts receivable at year-end.

Calculate the total estimated bad debts based on the below information.

Number of Days Outstanding
Total	030	3160	6190	91120	Over 120
Accounts receivable	365,200	109,800	77,800	71,200	56,200	$50,200
% uncollectible	2%	5%	6%	9%	21%
Estimated Bad debts	$	$	$	$	$	$

SHOW LIST OF ACCOUNTS

(b)	Prepare the year-end adjusting journal entry to record the bad debts using the aged uncollectible accounts receivable determined in (a). Assume the current balance in Allowance for Doubtful Accounts is a $8,400debit.
(c)	Of the above accounts, $4,700is determined to be specifically uncollectible. Prepare the journal entry to write off the uncollectible account.
(d)	The company collects $4,700subsequently on a specific account that had previously been determined to be uncollectible in (c). Prepare the journal entry(ies) necessary to restore the account and record the cash collection.

(Credit account titles are automatically indented when amount is entered. Do not indent manually.)

No

Account Titles and Explanation

Debit

Credit

(b)

(c)

(d)

(To reverse write-off)

(To record collection of write off)