4. What will bad debt expense be on the income statement for the year ended December 31,2023 ? 3. Show how accounts receivable will appear on the December 31,2023 , balance sheet. Required: 2. Prepare the December 31,2023 , adjusting entry to estimate bad debts assuming that uncollectible accounts are estimated to be 13 of net credit sales. Journal entry worksheet Record the estimate for uncollectible accounts. Note: Enter debits before credits Part C (independent of Part B) Required: 5. Prepare the December 31,2023 , adjusting entry to estimate bad debts assuming that uncollectible accounts are estumated to be 35 of outstanding recelvables. Journal entry worksheet Nater Enter debits before credits. 6. Show how accounts receivable will appear on the December 31,2023 , balance sheet. 7. What will bad debt expense be on the income statement for the year ended December 31,2023 ? Swiss Supplies showed the following selected adjusted balances at its December 31,2022 , yeor-end During 2023, the following selected transactions occurred: a. Sales totalled $2,840,000, of which 25% were cash sales (cost of sales $1,831,000 ). b. Sales returns were $112,000, half regarding credit sales. The returned merchandise was scrapped. c. An account for $28,000 was recovered. d. Several accounts were written off: $30,000 e. Collections from credit customers totalled $1,800,000 (excluding the recovery in (c) above) PartA Required: 1. Journalize transactions (a) through (e). You may find it useful to post your entries to T-accounts for Accounts Recelvable and Allowance for Doubtful Accounts