Journal entries on December 31, 2021, May 11, 2022, and June 12, 2022
December 31, 2021
Dr Bad Debt Expense 6,975
Cr Allowance for Doubtful Accounts (7% X $77,800) + $1,529) 6,975
May 11, 2022
Dr Allowance for Doubtful 1,168
Cr Accounts receivable 1,168
June 12, 2022
Dr Accounts Receivable 1,168
Cr Allowance for Doubt Accounts 1,168
Dr Cash 1,168
Cr Account Receivable 1,168