The following selected transactions were taken from the records of Rustic Tables Company for the year ending December 31:

June 8.	Wrote off account of Kathy Quantel, $3,320.
Aug. 14.	Received $2,360 as partial payment on the $5,940 account of Rosalie Oakes. Wrote off the remaining balance as uncollectible.
Oct. 16.	Received the $3,320 from Kathy Quantel, whose account had been written off on June 8. Reinstated the account and recorded the cash receipt.
Dec. 31.	Wrote off the following accounts as uncollectible (record as one journal entry):

Entries for Bad Debt Expense Under the Direct Write-Off and Allowance Method The following selected transactions were taken from the records of Rustic Tables Company for the year ending December 31: June Wrote off account of Kathy Quantel, $3,320. Received $2,360 as partial payment on the $5,940 account of Rosalie Oakes, Wrote off the remaining balance as uncollectible. Ost 1 Received the $3,320 from Kathy Quantel, whose account had been written off on June 8. Reinstated the account and recorded the cash receipt. Dec 11 Wrote off the following accounts as uncollectible (record as one journal entry): Aug. 14 Greg Gagne Ambrose Shannon Podle Spence 600 2,200 1.330 370 Dec 1. If necessary, record the year-end adjusting entry for uncollectible accounts. If no entry is required, select "No entry" and leave the amount boxes blank. If an amount box does not require an entry, leave it blank. a. Journalize the transactions under the direct write-off method. unes A 14 Oct 16 Out 16 Dec 1 Dec b. Journalize the transactions under the allowance method, assuming that the allowance account had a beginning balance of $9,960 at the beginning of the year and the company uses the analysis of receivables method. Rustic Tables Company prepared the following aging schedule for its accounts receivable: Receives Balance Aging Class (Humber of Days Paut Due) Estimated Percent of Uncollectible Accounts 31-60 O 16 Od 16 Dec. 31 Dec b. Journalize the transactions under the allowance method, assuming that the allowance account had a beginning balance of $9,960 at the beginning of the year and the company uses the analysis of receivables method. Rustic Tables Company prepared the following aging schedule for its accounts receivable: Estimated Percent of Uncollectible Account Aging Class Number of Days Fast Due) 0-30 31-60 days 61-90 days 91-120 More a 120 Suatre Receivable Balance on December 31 $15.000 60.000 39.000 7,000 16.000 255.000 Aug 14 O. 16 Od 16 De Dec 11 C. How much higher (lower) would Rustic Tables' net income have been under the direct write-off method than under the allowance method? by