The December 31, 2021, balance sheet of the Oriole Company had Accounts Receivable of $690,000 and a credit balance in Allowance for Doubtful Accounts of $34,000. During 2022, the following transactions occurred: sales on account $1,637,000; sales returns and allowances, $107.000; collections from customers, $1,254,000; accounts written off $38,000; previously written off accounts of $8,000 were collected. - Your answer is partially correct. Journalize the 2022 transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Accounts Receivable 1637000 Sales Revenue 1637000 (To record credit sales) Sales Revenue 107000 107000 Accounts Receivable 10700D 107000 (To record credits to customers) cash 1254000 Accounts Recelvable 1254000 (To record collection of receivables) Bad Debt Expense 38000 Accounts Receivable 38000 (To write off specific accounts) Accounts Receivable 8000 (To record collection of receivables) Bad Debt Expense 38000 Accounts Receivable 38000 (To write off specific accounts) Accounts Receivable 8000 Bad Debt Expense 8000 (To reverse write-off of account) Cash 8000 8000 Accounts Receivable 8000 (To record collection of account) e Textbook and Media List of Accounts - Your answer is partially correct. If the company uses the percentage of receivables basis to estimate bad debt expense and determines that uncollectible accounts are expected to be 9% of accounts receivable, what is the adjusting entry at December 31, 2022? (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Dec. 31 Bad Debt Expense 28100 Allowance for Doubtful Accounts 28100