The Allowance for Doubtful account was reported at $3,100 on the December 31, 2018, balance sheet. During 2019 account receivable in the amount of $4000 were written off while account receivable previously written off in the amount of $500 were recovered. The company adjusts the allowance for Doubtful Account to reflect 5% of the outstanding accounts receivable at year-end. Account receivable amounted to $75,000 at the end of 2019.

The company ending year December 31, 2019. Give the adjustment journal entries to adjust and correct the books at the end of 2019. Please don't answer if you're not sure.