Show the general journal entries required to write off the bad debts and to record the required allowance for doubtful debts.

Cooky Collectibles deals in antique items. All sales are conducted on a credit basis and no cash discounts are given. Ignore EST. The following Information was extracted from the accounting records at 30 June 20x9. Sales $276,000 Sales returns and allowances 19,000 Cash collected 159 560 Debts to be written off 2,011 Assume that Cooky Collectibles uses the allowance method of accounting for bad debts and the Allowance for Doubtful Debts account had a credit balance of $1,323 at 1 july 20x8. Also assume that an allowance of 196 of net credit sales is required at 301une 20x9 (ignore 651')