Raintree Cosmetic Company sells its products to customers on a credit basis. An adjusting entry for bad debt expense is recorded only at December 31, the company Solution For the given question, we will have to pass 3 journal entries. First journal entry would be for writing off accounts receivables. The second and third journal entry would relate to the recovery of bad debts written off in 2012 and recovered in the year 2013. ___________ Solution: Journal Entry for Writing Off Accounts Receivable of $59,000 A journal entry would be passed by debiting the allowance for uncollectible accountand and crediting accounts receivable account. ________ Journal Entries for Recovery of Bad Debts Written Off in 2012 A journal entry would be passed for reversal of bad debts written off by debiting the accounts receivables account and crediting allowance for uncollectible account. ______ Second journal entry would be passed to reduce the balance in accounts receivables account with the amount of cash received from the customer. .