Beta WatchesBeta Watches completed the following selected transactions during 2016 and 2017:

2016
Dec. 31 Estimated that bad debts expense for the year was 3% of credit sales of
$410,000 and recorded that amount as expense. The company uses
the allowance method.
31 Made the closing entry for bad debts expense.
2017
Jan. 17 Sold merchandise inventory to Marty White, $400 on account.
Ignore Cost of Goods sold.
Jun. 29 Wrote off Marty White's account as uncollectable after repeated efforts to
collect from him.
Aug. 6 Received $400 from Marty White, along with a letter apologizing for
being so late. Reinstated
White's account in full and recorded the cash receipt.
Dec. 31 Made a compound entry to write off the following accounts as
uncollectable: Barry Krisp, $1,600;
Maria Bryant, $1,100; and Richard Renik, $400.
31 Estimated that bad debts expense for the year was 3% of credit sales of
$490,000 and recorded
the expense.
31 Made the closing entry for bad debts expense.

The T-accounts for Allowance for Bad Debts and Bad Debts Expense have been opened for you, assuming the accounts begin with a zero balance.
Required:
Record the transactions in the general journal (omit explanations), and post to the two T-accounts. (Record debits first, then credits. Exclude explanations from journal entries.
Begin by recording the 2016 transactions in the general journal.
Estimated that bad debts expense for the year was 1% of credit sales of $430, 000 and recorded that amount as expense. The company uses the allowance method.