The ledger of Kingbird Company at the end of the current year shows Accounts Receivable $$72,000,$ Credit Sales $$800,000,$ and Sales Returns and Allowances $$35,000.$

$($a$)$ If Kingbird uses the direct write$-$off method to account for uncollectible accounts, journalize the entry if on July $7$ Kingbird determines that Matisse company's $$700$ balance is uncollectible.

$($b$)$ Assume Kingbird uses the allowance method to account for uncollectible accounts. If Allowance for Doubtful Accounts has a credit balance of $$1,200$ in the trial balance, journalize the adjusting entry at December $31,$ assuming bad debts are expected to be $9\%$ of accounts receivable.

$($c$)$ Assume$-$Kingbird uses the allowance method to account for uncollectible accounts. If Allowance for Doubtful Accounts has a debit balance of $$400$ in the trial balance, journalize the adjusting entry at December $31,$ assuming bad debts are expected to be $7\%$ of accounts receivable.

$($List all debit entries before credit entries. 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 $O$ for the amounts.$)$

No$.$ Date Account Titles and Explanation

Debit

Credit

$($a$)$ July $$

$$

$$

$$

$$

$($b$)$ Dec. $31$

$$

$$