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The accounts of Long Company provided the following $20$X$5$ information at $31$ December $20$X$5($end of the annual period$)$:

Accounts receivable balance, $1$ January $20$X$5$ $ $60,500$

Allowance for doubtful accounts balance, $1$ January $20$X$54,900$

Uncollectible account to be written off during $20$X$5($ex$-$customer Slo$)1,950$

Cash collected on accounts receivable during $20$X$5179,500$

Estimates for bad debt losses:

Based on ending balance of accounts receivable, $8\%.$

Based on aging schedule $($excludes Slo$$s account$)$:

Age Accounts Receivable Probability of Noncollection

Less than $30$ days $ $30,8002\%$

$3190$ days $10,60010$

$91120$ days $7,00030$

More than $120$ days $6,80060$

Required:

$1.$ Give the entry to write off customer Slo$$s long$-$overdue account. $($If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.$)$

$2.$ Give all entries related to accounts receivable and the allowance account for the following two cases: $($If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.$)$

Case A$$Bad debt expense is based on the ending balance of accounts receivable

Case B$$Bad debt expense is based on aging

$3.$ Show how the results of applying each case above should be reported in $20$X$5$ earnings and on the $20$X$5$ statement of financial position

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