Answer:
 1. Prepare all appropriate journal entries relative to uncollectible accounts and bad debt expense. 
1  
Db Bad debt expense_______	3320  
Cr Allowance for bad debt_________________  3320
  
2  
Db Allowance for  bad debt__	430  
Cr Account Recevaible_____________________  430
2. Show the year-end balance sheet presentation for accounts receivable.
Account receivable__________47570  
Net account receivable_______44250
Explanation:
Credit sales	166000  
Credir sales	118000  
  
Bad debt losses	2%  
  
Writte off	430  
  
Allowance	3320  
  
  
1  
Db Bad debt expense_______	3320  
Cr Allowance for bad debt_________________  3320
  
2  
Db Allowance for  bad debt__	430  
Cr Account Recevaible_____________________  430
  
  
Year end balance___________48000  
Cr Account Recevaible_________430  
Account receivable__________47570  
Allownace for bad debts_______3320  
Net account receivable_______44250