Answer:
The journal entries are as follows:
(a) (i) Sales A/c Dr. $745,500
To Accounts receivable A/c $745,500
(To record the sales)
(ii) Cash A/c Dr. $835,120
To Accounts receivable A/c $835,120
(To record the collections)
(b) Allowance for doubtful accounts A/c Dr. $7,831
To Accounts receivable A/c $7,831
(To record the write-off of uncollectible accounts during the period)
(c) Accounts receivable A/c Dr. $3,184
To Allowance for doubtful accounts A/c $3,184
(To record the recovery of the uncollectible account)
Cash A/c Dr. $3,184
To Accounts receivable A/c $3,184
(To record the recovery)
(d) Bad debts expense A/c Dr. $19,397
To Allowance for doubtful accounts $19,397
(To record the bad debt expense for the period)
Workings:
Bad debts expense:
= $24,100 - (9,350 - 7,831 + 3,184)
= $19,397
