The ledger of Pharoah Company at the end of the current year shows Accounts Receivable $145,000, Sales Revenue $852,000, and Sales Returns and Allowances $23,000, Journalize the following independent situations. If Pharoah uses the direct write-off method to account for uncollectible accounts, journalize the adjusting entry at December 31, assuming Pharoah determines that L. Dole's $2,500 balance is uncollectible. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Dec. 31 Account Titles and Explanation Debit Credit If Allowance for Doubtful Accounts has a credit balance of $2,200 in the trial balance, Journalize the adjusting entry at December 31, assuming bad debts are expected to be 12% of accounts receivable. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Dec. 31 Account Titles and Explanation Debit Credit