Answer:
a)
Dr Bad debts expense 1,787
Cr Allowance for doubtful accounts 1,787
b)
Dr Bad debts expense 4,813
Cr Allowance for doubtful accounts 4,813
Explanation:
Mazie Supply Co. Journal entry
a)
Dr Bad debts expense 1,787
($4813-$2,338+$688)
($4,813-$3,036)
Cr Allowance for doubtful accounts 1,787
b)
Dr Bad debts expense 4,813
(3%×$137,500+$688)
($4125+$688)
Cr Allowance for doubtful accounts 4,813
