The following selected transactions were taken from the records of Shipway Company for the first year of its operations ending December 31: Apr. 13 Wrote off account of Dean Sheppard, $6,530. May 15 Received $3,270 as partial payment on the $8,680 account of Dan Pyle. Wrote off the remaining balance as uncollectible. July 27 Received $6,530 from Dean Sheppard, whose account had been written off on April 13. Reinstated the account and recorded the cash receipt. Dec. 31 Wrote off the following accounts as uncollectible (record as one journal entry): Paul Chapman $4,380 Duane DeRosa 3,270 Teresa Galloway 1,960 Ernie Klatt 2,740 Marty Richey 980 Dec. 31 If necessary, record the year-end adjusting entry for the uncollectible accounts. For those amount boxes in which no entry is required, leave the box blank. If an entry is not required, select "No entry" from the dropdown box(es).

The year-end adjusting entries for the uncollectible accounts will be:

April 13:

Debit Allowance for doubtful accounts             $6,530

Credit Accounts receivable                                $6,530

(To record write-off of accounts receivable - Dean Sheppard)

May 15:

Debit Cash                                                          $3,270

Credit Accounts receivable                               $3,270

(To record collection on account - Dan Pyle)

Debit Allowance for doubtful accounts            $5,410

Credit Accounts receivable                               $5,410

(To record write-off of accounts receivable - Dan Pyle)

July 27:

Debit Accounts receivable                                $6,530

Credit Allowance for doubtful accounts           $6,530

(To re-establish accounts receivable from Dean Sheppard)

Debit Cash                                                          $6,530

Credit Accounts receivable                               $6,530

(To record collection on account - Dean Sheppard)

December 31:

Debit Allowance for doubtful accounts           $13,330

Credit Accounts receivable                              $13,330

(To record write-off of accounts receivable - Miscellaneous)

Explanation:

answer; offer in store wine and beer samples;