/takeAssignment/take Assignment Mandolinvokertakelssignment Session locatorinprogresse - Message Copy of GLS HON Honorogy... Heath Me 5 Science Faire X Message Board eBook Calcule Entries for Bad Debt Experise Under the Direct Wide-off and Allowance Methods Seaforth International wrote off the following accounts receivable as uncollectible for the year ending December 31 Amount Customer Kim Abel Lee Drake Jenny Green $24.100 33,300 20.700 18,000 $105,100 Mike Lamb The company prepared the following in schedule for its accounts receivable on December 31 Receivables Aging Class (Number of Days Paste) Estimated Percent of Uncollectie Accounts on December 2 0-30 days 31-60 days 61 days 91-120 days Hore than 120 days 5730.000 200.000 112.000 10,000 92.000 14.000 a. Journal the wie oft under the direct write-off method, an amount bow does not requires entre Bad Det Expense Be Accounts Receivabilem All Accounts Receivable De Accounts Receivable Jenny Green Check rock M up We besche X signment/take Assignment Main.dolewokertakeAsignmentSessionlocatorinprogress=false Copy of 9 HON. Honor Boy Freshmas Success Health Message to ebook Calculator Under the direct write-off method, Bad Debt Expense is recorded when the customer's account is determined to be worthless and written off. There is no adjusting entry year-end to record estimated bad debt. b. Journalize the write-offs and the year and adjusting entry under the womance method, numing that the allowance account had being balance of $20,700 and the company uses the analysis of recevable method is amant box does not require an entry leave it blank Allowance for Doubtful Accounts 105.10 Accounts Receivable Kim Abel 24.10 Accounts Receivabletee Drake 33.300 Accounts Receivable Jenny Green 7. Accounts Receivable Hike amb Bad Debt Expense LOT SEX Allowance for Deful Arts 101. X Under the allowance method once a customer account is identified as uncollectible, it is written off against the allowancesco How much higher lower) would seaforth international's net income have been under the wee method than under the direct write of the Lower WW Compare the bad expense account balance for both methods Want All worked