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The following represent different scenarios for Windsor Company. Prior to any year-end adjusting entries, Windsor Company had a balance in Accounts Receivable of $136,000. Credit

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The following represent different scenarios for Windsor Company. Prior to any year-end adjusting entries, Windsor Company had a balance in Accounts Receivable of $136,000. Credit sales during the period were $800,000, and Sales Returns and Allowances were $15,500 If Windsor Company uses the direct write-off method to account for uncollectible accounts, journalize the entry if on May 8 Windsor determined that Randal Company's $430 balance is uncollectible. (List debit entry before credit entry. If no entry is required, select "No Entry" hor the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) If Windsor Company uses the allowance method to account for uncollectible accounts, journalize the entry if on May 8 Windsor determined that Randal Company's $430 balance is uncollectible. (List debit entry before credit entry. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Assume Windsor Company uses the allowance method to account for uncollectible accounts. If Allowance for Doubtful Accounts has a debit balance of $900 in the trial balance, journalize the adjusting entry at December 31 , assuming bad debts are expected to be 10% of Accounts Receivable. (List debit entry before credit entry. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Assume Windsor Company uses the allowance method to account for uncollectible accounts. If Allowance for Doubtful Accounts has a credit balance of $1,810 in the trial balance, journalize the adjusting entry at December 31 , assuming bad debts are expected to be 7% of Accounts Receivable. (List debit entry before credit entry. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are outomatically indented when the amount is entered. Do not indent manually.)

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