The following transactions were completed by Clark Management Company during the current fiscal year ended December 31:

July. 5. Received 70% of the $21,000 balance owed by Dockins Co., a bankrupt business, and wrote off the remainder as uncollectible.

Sept. 21. Reinstated the account of Bart Tiffany, which had been written off in the precending year as uncollectible. Journalized the receipt of $4,875 cash in full payment of Tiffany's account.

Oct. 19. Wrote off the $6,275 balance owed by Ski Time Co., which has no assets.

Nov. 6. Reinstated the account of Kirby Co., which had been written off in the preceding year as uncollectable. Journalized the receipt of $4,750 cash in full payment of the account.

Dec. 31. Wrote off the following accounts as uncollectible (compound entry): Maxie Co., $2,150; Kommers Co., $3,600; Helena Distributors, $5,500; Ed Ballantyne, $1,750.

Dec. 31. Based on an analysis of the $815, 240 of accounts receivable, it was estimated that $16,750 will be uncollectible. Journalize the adjusting entry.

1. Reocrd the January 1 credit balance of $12,550 in a T-account for Allowance for Doubtful accounts.

2. Journalize the transactions. Post each entry that affects the following selected T-accounts and determine the new balances:

Allowance for Doubtful Accounts

Bad Debt Expense

I mainly need help with the formatting of the T accounts.