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Search oumalize the entries to recoed the followling Record the adjusting entery at December 31, the end of the fiest fiscal year, to record the

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Search oumalize the entries to recoed the followling Record the adjusting entery at December 31, the end of the fiest fiscal year, to record the bad debt e expense. The accounts receivable account has a balance of $800,000, and the contra asset account before adjustment has a debit balance of $600. Analysis of the recelvables indicates uncollectible receivables of 2. In March of the next year, the $350 owed by Fronk Co. o . In November of the nest year, $200 of the Fronk Co. account is reinstated and payment of that amount is received $18,000 account is writhen off as uncollectible. In December of the next year, 5400 is received on the $600 owed by Dodger Co. and the remainder is wrtten of as uncollectible an amount bo does not require an entry, leave it blank or enter " All work sad 20 Print Item b. Oumalze the entries to record the following, assuming the company uses the direct write-off method. 1. In March of the next year, the $350 owed by Fronk Co, on account is written off as uncollectible. 2. In November of the next year, $200 of the Fronk Co. account is reinstated and payment of that amount is received. 3. In December of the next year, $400 is recelved on the $600 owed by Dodger Co. and the remainder is written off as uncollectible If an amount box does not require an entry, leave it blank or enter "0 20 p 8 3 4 0

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