View Policies Show Attempt History Current Attempt in Progress The ledger of Cheyenne Company at the end of the current year shows Accounts Receivable $120,000, Credit Sales $842,000, and Sales Returns and Allowances $29,000. Journalize the following independent situations. (a) Your answer is correct. If Cheyenne uses the direct write-off method to account for uncollectible accounts, journalize the entry at December 15, if Cheyenne 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 Account Titles and Explanation Dec. 15 Bad Debt Expense Accounts Receivable eTextbook and Media List of Accounts Debit 2500 Credit 2500 Assistance Used Attempts: 2 of 5 used