Entries Related to Uncollectible Accounts The following transactions were completed by The Wild Trout...
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Entries Related to Uncollectible Accounts The following transactions were completed by The Wild Trout Gallery during the current fiscal year ended December : Jan. Reinstated the account of Arlene Gurley, which had been written off in the preceding year as uncollectible. Journalized the receipt of $ cash in full payment of Arlene's account. Apr. Wrote off the $ balance owed by Premier GS Co which is bankrupt. July Received of the $ balance owed by Hayden Co a bankrupt business, and wrote off the remainder as uncollectible. Nov. Reinstated the account of Harry Carr, which had been written off two years earlier as uncollectible. Recorded the receipt of $ cash in full payment. Dec. Wrote off the following accounts as uncollectible one entry: Cavey Co $; Fogle Co $; Lake Furniture, $; Melinda Shryer, $ Based on an analysis of the $ of accounts receivable, it was estimated that $ will be uncollectible. Journalized the adjusting entry. Required: Record the January credit balance of $ in a account presented below in requirement for Allowance for Doubtful Accounts. the year. Jan. reinstate Jan. collection 
Entries Related to Uncollectible Accounts
The following transactions were completed by The Wild Trout Gallery during the current fiscal year ended December :
Jan. Reinstated the account of Arlene Gurley, which had been written off in the preceding year as uncollectible. Journalized the receipt of
$ cash in full payment of Arlene's account.
Apr. Wrote off the $ balance owed by Premier GS Co which is bankrupt.
July Received of the $ balance owed by Hayden Co a bankrupt business, and wrote off the remainder as uncollectible.
Nov. Reinstated the account of Harry Carr, which had been written off two years earlier as uncollectible. Recorded the receipt of $ cash
in full payment.
Dec. Wrote off the following accounts as uncollectible one entry: Cavey Co $; Fogle Co $; Lake Furniture, $; Melinda
Shryer, $
Based on an analysis of the $ of accounts receivable, it was estimated that $ will be uncollectible. Journalized the
adjusting entry.
Required:
Record the January credit balance of $ in a account presented below in requirement for Allowance for Doubtful Accounts.
the year.
Jan. reinstate
Jan. collection
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