The ledger of Concord Company at the end of the current year shows Accounts Receivable $$69,000,$ Credit Sales $$810,000,$ and Sales Returns and Allowances $$41,200.$ Prepare journal entries for each separate scenario below.

$($a$)$ If Concord uses the direct write$-$off method to account for uncollectible accounts, journalize the entry at December $15$ if Concord determines that Matisse's $$700$ balance is uncollectible.

$($b$)$ If Allowance for Doubtful Accounts has a credit balance of $$900$ in the trial balance, journalize the adjusting entry at December $31,$ assuming uncollectibles are expected to be $12\%$ of accounts receivable.

$($c$)$ If Allowance for Doubtful Accounts has a debit balance of $$493$ in the trial balance, journalize the adjusting entry at December $31,$ assuming uncollectibles are expected to be $11\%$ of accounts receivable.

$($Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts.$)$

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$($b$)$

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Account Titles and Explanation

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