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Question 18 of 20 -/16 View Policies Current Attempt in Progress Past experience indicates that 17% of total accounts receivable will eventually be uncollectible for the Marigold Rental Company Selected general ledger account balonces at December 31, 2020, and December 31, 2021. appear below: 2020 2021 Accounts Receivable $88,000 $117.000 Allowance for Doubtful Accounts (credit) 16,400 Record the following events in 2021: (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. Record journal entries in the order presented in the problem.) Aug. 10 Sep. 12 Determined that the account of Henry Hum for $3,300 is uncollectible. Determined that the account of Mark Pippy for $4,800 is uncollectible. Received a cheque for $2,600 as payment on account from Henry Hum, whose account had previously been written off as uncollectible. He indicated the remainder of his account would be paid in November Received a chaque for $700 from Henry Hum as payment on his account Oct 10 Nov, 15 Date Account Titles and Explanation Debit Credit Question 18 of 20 > -/16 written off as uncollectible. He indicated the remainder of his account would be paid in November Nov. 15 Received a cheque for $700 from Henry Humas payment on his account Date Account Titles and Explanation Debit Credit Dr. (To reverse write off of Henry Hum account.) (To record collection from Henry Hum.) Question 18 of 20 -/16 (To record collection from Henry Hum.) Prepare the adjusting journal entry to record bad debt expense for the year ended December 31, 2021. (Credit account titles are automatically indented when the amount is entered. Do not Indent manually. List all debit entries before credit entries.) Date Account Titles and Explanation Debit Credit Dec. 31 What is the balance of Allowance for Doubtful Accounts at December 31, 20217 Balance of Allowance for Doubtful Accounts $ Save for Attempts of sused Submit

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