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Presented below is information related to the Accounts Receivable accounts of Novak Inc. during the current year $2025.$

$1.$ An aging schedule of the accounts receivable as of December $31,2025,$ is as follows.

$*$The $\backslash (\backslash$$ $3,500\backslash )$ write$-$off of receivables is related to the $91-$to$-120$ day category

$2.$ The Accounts Receivable control account has a debit balance of $\backslash (\backslash$$ $368,600\backslash )$ on December $31,2025.$

$3.$ Two entries were made in the Bad Debt Expense account during the year: $(1)$ a debit on December $31$ for the amount credited to Allowance for Doubtful Accounts, and $(2)$ a credit for $\backslash (\backslash$$ $3,500\backslash )$ on November $3,2025,$ and a debit to Allowance for Doubtful Accounts because of a bankruptcy.

$4.$ Allowance for Doubtful Accounts is as follows for $2025.$

Allowance for Doubtful Accounts

$5.$ Acredit balance exists in Accounts Receivable $(\backslash (60-90\backslash )$ days$)$ of $\backslash (\backslash$$ $4,900\backslash ),$ which represents an advance on a sales contract.

Assuming that the books have not been closed for $2025,$ make the necessary correcting entries. $($Round answers to $0$ decimal places, e$.$g$.5,275.$ If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.$)$

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