Determlnlng Flnanclal Statement Effects of Write-Offs and Bad Debt Expense Using the Allowance MethodUsing the following categories, indicate the effects of the following transactions. Use + for increase and — for decrease andindicate the accounts affected and the amounts. as During the period, customer balances are written off in the amount of 58,000.b. At the end of the period, bad debt expense is estimated to be $10,000.Assets = Liabilities + . Stockholders' Equity

Wilson center is a private not-for-profit voluntary health and welfare entity. during 2017, it received unrestricted pledges of $638,000, 65 percent of which were payable in 2017, with the remainder payable in 2018 (for use in 2018). officials estimate that 14 percent of all pledges will be uncollectible. a. how much should wilson center report as contribution revenue for 2017? b. in addition, a local social worker, earning $20 per hour working for the state government, contributed 600 hours of time to wilson center at no charge. without these donated services, the organization would have hired an additional staff person. how should wilson center record the contributed service?