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The following exciting accounting events occurred in October: On October 1st the vice president of Gretchen's Bake Shop authorized a write-off of the $2,000 balance

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The following exciting accounting events occurred in October: On October 1st the vice president of Gretchen's Bake Shop authorized a write-off of the $2,000 balance owed by Casper's Cookie Company. . On October 15th, Casper's Cookie Company paid the $2,000 that had been written off on October 1st. Part 1(6 points) Record the journal entries made by Gretchen's Bake Shop in this action packed scenario. Part 1 (4 points) What would the ending balance be in the Allowance for Doubtful Accounts account be after recording the journal entries if the beginning balance was $1 debit

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