At December 31, 2021, Windsor Company had a credit balance of $18,700 in Allowance for Doubtful Accounts. During 2022, Windsor wrote off accounts totaling $12,200. One of those accounts of $3,400 was later collected. At December 31, 2022, an aging schedule indicated that the balance in Allowance for Doubtful Accounts should be $24,200. Prepare journal entries to record the 2022 transactions of Windsor Company.

Coop inc. owns 40% of chicken inc., both coop and chicken are corporations. chicken pays coop a dividend of $10,000 in the current year. chicken also reports financial accounting earnings of $20,000 for that year. assume coop follows the general rule of accounting for investment in chicken. what is the amount and nature of the book-tax difference to coop associated with the dividend distribution (ignoring the dividends received deduction)?