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Blackhorse Productions, Incorporated, used the aging of accounts receivable method to estimate that its Allowance...

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Accounting

Blackhorse Productions, Incorporated, used the aging of accounts receivable method to estimate that its Allowance for Doubtful Accounts should be $22,750. The account had an unadjusted credit balance of $11,500 at that time.
a. The appropriate bad debt adjustment was recorded.
b. Later, an account receivable for $2,500 was determined to be uncollectible and was written off.
Required:
For each transaction listed above, indicate the amount and direction (+ for increase or - for decrease) of effects on the financial statement accounts and on the overall accounting ejuation. (Enter any decreases to Assets, Liabilities, or Stockholders Equity with a minus sign.)
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