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Outdoor Equipment ( OE ) sells camping equipment. On December 1, the accounts receivable
account had a balance of $52,000, the bad debt expense account had a balance of $0, and the
allowance for doubtful accounts had a credit balance of $5,200. Journalize the remaining journal
entries for the 2023 year. Dec. 2 Sold tents for $5,400 on account with a cost of $2,700.
Determined that the total accounts of Rocky Co. with an accounts receivable balance of $1,460
and 20 Grouse Co. with an accounts receivable balance of $2,700 were uncollectible and needed
to be. written off. 23 Unexpectedly received payment fron Grouse co. for $2,700. 31 Estinated that
10X of accounts receivable recorded to date would be uncollectible. Required: 1. Prepare journal
entries to record the transactions. Note: Write-off of uncollectible accounts for Rocky Co. and
Grouse Co. should be. posted separately.Journal entry worksheet <2,2. Post the T-account for
accounts receivable, bad debt expense, and allowance for doubtful accounts. Determine the
ending balance for each account.

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  • 1. Outdoor Equipment ( OE ) sells camping equipment. On December 1, the accounts receivable account had a balance of $52,000, the bad debt expense account had a balance of $0, and the allowance for doubtful accounts had a credit balance of $5,200. Journalize the remaining journal entries for the 2023 year. Dec. 2 Sold tents for $5,400 on account with a cost of $2,700. Determined that the total accounts of Rocky Co. with an accounts receivable balance of $1,460 and 20 Grouse Co. with an accounts receivable balance of $2,700 were uncollectible and needed to be. written off. 23 Unexpectedly received payment fron Grouse co. for $2,700. 31 Estinated that 10X of accounts receivable recorded to date would be uncollectible. Required: 1. Prepare journal entries to record the transactions. Note: Write-off of uncollectible accounts for Rocky Co. and Grouse Co. should be. posted separately.Journal entry worksheet <2,2. Post the T-account for accounts receivable, bad debt expense, and allowance for doubtful accounts. Determine the ending balance for each account.