This is my last question this month, please help me with this problem.

Aug 6: Received $350 from Quinn Venture, along with a letter stating his intention to pay within 30 days. Reinstated his account in full. Begin by preparing the entry to reinstate the account. (Do not record the receipt of cash, this will be recorded in the next entry.) Requirements 1. Record the transactions in the journal and post to the Allowance for uncollectible accounts and Bad debt expense ledger accounts that have been opened for you. These accounts have beginning balances of $3,600 (cr.) and $0, respectively. Remember to update account balances but ignore posting references. Now prepare the entry for the receipt of $350 from Quinn Venture. 2. The December 31 balance of Accounts receivable is $180,000. Show how Accounts receivable would be reported on the balance sheet at that date