TravelToday, Inc., disclosed the following rounded amounts (in thousands) concerning the Allowance for Doubtful Accounts on its Form 10-K annual report. Allowance for Doubtful Accounts dollars in thousands Beginning Balance Increases for Bad Debt Expense 4,150 4,750 1,050 Decreases for Write-offs Year 2016 2015 2014 Ending Balance $1,350 9,300 8,300 $9,300 8,300 12,800 3,750 5,550 Required 1-a. Prepare a T-account for the Allowance for Doubtful Accounts and enter into it the 2014 amounts from the above schedule. The 1-b. Write the T-account in equation format to prove the above items account for the changes in the account. balance at the beginning of each year in the Allowance for Doubtful Accounts is a credit balance 2. Record summary journal entries for 2015 related to (a) estimating Bad Debt Expense and (b) writing off specific customer account 3. Supply the missing information for 2016 balances 4. If TravelToday had written off an additional $33 of Accounts Receivable during 2016, by how much would Net Receivables have decreased? How much would Net Income have decreased? Prepare a T-account for the Allowance for Doubtful Accounts and enter into it the 2014 amounts from the above schedule. The balance at the beginning of each year in the Allowance for Doubtful Accounts is a credit balance. (Enter your answers in thousands.) Allowance for Doubtful Accounts Beg. Bal End. Bal Write the T-account in equation format to prove the above items account for the changes in the account. (Enter your answers in thousands.) Beginning Balance+ Ending Balance Record summary journal entries for 2015 related to (a) estimating Bad Debt Expense and (b) writing off specific customer account balances. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Enter your answers in thousands.) View transaction list Journal entry worksheet Record the adjusting entry in 2015 for bad debts. Note: Enter debits before credits. Transaction General Journal Debit Credit Supply the missing information for 2016. (Enter your answers in thousands.) Allowance for Accounts 2016 Additions Charged to Bad Debt Expense Balance at Balance at End of Year Doubtful Beginning of Write Offs Year 9,300 4,150 1,350 Req 2 Req4 > If TravelToday had written off an additional $33 of Accounts Receivable during 2016, by how much would Net Receivables have decreased? How much would Net Income have decreased? (Enter your answers in thousands.) Net Receivables Net Income K Req 3 Req 4