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Sr . No Account Titles and Explanation Debit Credit ( 1 ) Allowance for Doubtful Accounts 2 8 , 8 6 0 Accounts Receivable 2

Sr.
No
Account Titles and Explanation
Debit
Credit
(1)
Allowance for Doubtful Accounts
28,860
Accounts Receivable
28,860
(To record write-off of accounts receivable)
(2)
Allowance for Doubtful Accounts
(To reverse write-off of accounts receivable)
(3)
Accounts Receivable
(To record collection of accounts receivable)
(4)
34,060
Allowance for Doubtful Accounts
(To adjust allowance account to total estimated uncollectibles)
(b)
Indicate the effect (increase, decrease, or No Effect) that each of the four transactions has on Blossom Company's assets, liabilities, stockholders' equity, and net income.
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