04- Menge Company has accounts receivable of $93,100 at March 31. Credit terms are 2/10, n/30. At March 31, Allowance for Doubtful Accounts has a credit balance of $1,200 prior to adjustment. The company uses the percentage-of-receivables basis for estimate uncollectible accounts. The company's estimate of bad debts is shown below. (4 points) Estimated Percentage Age of Accounts Balance, March 31 Uncollectible 130 days $60,000 2 % 31-60 days 17,600 5% 6190 days 8,500 20% Over 90 days 7,000 50 % $93,100 Instructions (a) Determine the total estimated uncollectible. (b) Prepare the adjusting entry at March 31 to record bad debt expense. Question5 1- Why there is different depreciation method in accounting. Explain it by giving example about each method. (4 Points) There are different receivable write off methods. -2 Explain the differences between each method by given (and example. (4 Points 3- Explain the importance of capitalization on depreciation expenses by given an example. (4 Points)