6. For a business that uses the allowance method of accounting for uncollectible receivables: (a) Journalize the entries to record the following: (1) Record the adjusting entry at December 31, the end of the first fiscal year, to record the bad debt expense. The accounts receivable account has a balance of $800,000, and the contra asset account before adjustment has a debit balance of $600. Analysis of the receivables indicates uncollectible receivables of $18,000. (2) In March of the next year, the $350 owed by Fronk Co. on account is written off as uncollectible. (3) In November of the next year, $200 of the Fronk Co. account is reinstated and payment of that amount is received. (4) In December of the next year, $400 is received on the $600 owed by Dodger Co. and the remainder is written off as uncollectible.

Explanation:

The journal entries are shown below:

1Bad debt expense$18,000  

              To Allowance for doubtful account  $18,000

(Being the bad debt expense is recorded)

2Allowance for doubtful account$350  

                             To Accounts receivable  $350

(Being the written off amount is recorded)

3Accounts receivable$200  

                         To Allowance for doubtful account  $200

[Being account reinstated]  

Cash$200  

               To Accounts receivable  $200

(Being the payment is received)

4Cash$400  

        Allowance for doubtful account$200  

                         To Accounts receivable  $600

(Being the amount received is recorded)

odd consecutive integers are odd integers that follow each other. they have a difference of 2 between every two numbers. if n is an odd integer, then n, n+2, n+4 and n+6 will be odd consecutive integers. the first number in the pattern is always the variable on its own or in this case, "n". examples.