The Shemeld Corp. uses the allowance method in accounting for uncollectible accounts Past experience indicates that balances at December 31, 2021, and December 31, 2022, appear below: of accounts receivable will eventually be uncollectible. Selected account Net Credit Sales Accounts Receivable Allowance for Doubtful Accounts 12/31/2021 $430,500 95,000 12/31/2022 $555,000 150,000 Record the following events in 2022. (Credit account titles are automatically indented when the amount is entered. De not indent manually. Record journal entries in the order presented in the problem.) Aug. 10 Sept. 12 Oct 10 Determined that the account of Kurt West for $1.500 is uncollectible, Determined that the account of Jill Lynch for $2,800 is uncollectible Received a check for $300 as payment on account from Kurt West, whose account had previously been written off as uncollectible Date Account Titles and Explanation Debit Credit (TorteKurt Westacount previously went (To record collection) Prepare the adjusting journal entry to record the bad debe provision for the year ended December 31, 2022. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation Dec 31 What is the balance of Allowance for Doubtful Accounts at December 31, 2022 Balance of allowance for Doubtful Accounts at December 31, 2022