60 9. An inexperienced accountant made the following entries. In each case, the explanation to the entry is correct. (4 pts) Dec. 17 Cash 2,940 Sales Discounts Accounts Receivable 3,000 (To record collection of 12/4 sales, terms 2/10, n/30) 27 Cash 1,200 Bad Debt Expense 1,200 (Collection of account previously written off as uncollectible under allowance method) 31 Bad Debt Expense 1,800 Allowance for Doubtful Accounts 1,800 (To recognize estimated bad debts based on 3% of accounts receivable of $600,000) Instructions Prepare the correcting entries