the current balance in allowance for doubtful accounts is 13,000. write the journal entry to adjust allowance, as well as the write off of bad debts.

d) The CEO provides the following collectability information for accounts receivable. He also mentions that included in the over 120 days balance is $52,000 owing from a company that has since gone bankrupt. No collection is expected. No adjustments have been recorded to the allowance for doubtful accounts