1. The income statement approach to estimating uncollectible accounts expense is used by Dexter Company, Net credit soles for February amounted to $2,000,000 The credt manager estimated that uncolfectible accounts expense would amount to 18 of net credit sales made during February. Allowance Doubtful Accounts currently has a $1,500 credit. The following accounts were determined to be uncollectible and written off: March 10 Anole Grant for $10.800 March 22. Kevin Fleisher for $11,200 Instructions Prepare the jourral entries made by Dexter Company on the following dates: 1. Fetruary 28 (make adjusting entry for Allowance for Doubtful Accounts) 2. March 10 and March 22 3. What would the balance be for Allowance for Doubtful Accounts on Morch 31st, (10 points) Accounts: Accounts Receivable, Allowance for Doubtul Accounts, Bod Debts Expense