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On December 31, 2008, Central Freight Reported an Allowance for Uncollectible

Question 96

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On December 31, 2008, Central Freight reported an allowance for uncollectible accounts of $15,300. During 2009, Central wrote off $17,000 in accounts receivable. Included in the write-off was Roskoff Corp.'s account in the amount of $750. Roskoff subsequently paid this balance. At December 31, 2009, an analysis of the accounts receivable aging schedule indicated the need for an allowance for uncollectible accounts of $14,900.
Required:
Prepare all implied journal entries relative to bad debt expense and the allowance for uncollectible accounts.

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