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At year-end, December 31,2023, Corolla Sales showed unadjusted balances of $404,000 in Accounts Receivable; $15,800...

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Accounting

At year-end, December 31,2023, Corolla Sales showed unadjusted balances of $404,000 in Accounts Receivable; $15,800 debit in Allowance for Doubtful Accounts; and $2,220,000 in Sales. Uncollectible accounts are estimated to be 2.5% of sales.
Unadjusted balances at December 31,2024, were Accounts Receivable, $584,000; Allowance for Doubtful Accounts, $1,000 credit; and Sales, $3,730,000. Corolla Sales changed the method of estimating uncollectible accounts to 4% of outstanding accounts receivable.
At December 31,2025, the general ledger showed unadjusted balances of $470,000 in Accounts Receivable; $1,700 debit in Allowance for Doubtful Accounts; and $3,470,000 in Sales. Corolla prepared an aging analysis on December 31,2025 that estimated total uncollectible accounts to be $64,500.
Required:
Prepare the 2023,2024, and 2025 year-end adjusting entries to estimate uncollectible accounts.
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