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Accounts receivable transactions are provided below for J Sandhill Co. Dec. 31, 2023 The company...

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Accounting

imageimageimage Accounts receivable transactions are provided below for J Sandhill Co. Dec. 31, 2023 The company estimated that 5% of its accounts receivable would become uncollectible. The balances in the Accounts Receivable account and Allowance for Doubtful Accounts were $620,000 and $2,400 (debit), respectively. Mar. 5, 2024 The company determined that R. Mirza's $3,900 account and D. Wight's $7,700 account were uncollectible. The company's accounts receivable were $653,900 before the accounts were written off. June 6, 2024 Wight paid the amount that had been written off on March 5. The company's accounts receivable were $608,400 prior to recording the cash receipt for Wight. Prepare the journal entries on December 31, 2023, March 5, 2024, and June 6, 2024. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries. Record journal entries in the order presented in the problem.) (To record write off of accounts receivable of R. Mirza.) (To record write off of accounts receivable of D. Wight.) (To reverse write off.) (Collection of account that was previously written off.)

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