Question: 1. At the beginning of the year, Mitchum Enterprises allows for estimated uncollectible accounts of $14,000. By the end of the year, actual bad debts total $15,000. Record the write-off to uncollectible accounts. Following the write-off, what is the balance of Allowance for Uncollectible Accounts?
2. Barnes Books allows for possible bad debts. On May 7, Barnes writes off a customer account of $6,000. On September 9, the customer unexpectedly pays the $6,000 balance. Record the cash collection on September 9.