6-(4 Marks: b1:4): The trial balance before adjustment of Al Hidd Company reports the following balances: Dr. Cr. Accounts receivable BD200,000 Allowance for doubtful accounts BD5,000 Sales (all on credit) 1,500,000 Sales returns and allowances 80,000 (4M) Required: (a) Prepare the entry for estimated bad debts assuming that doubtful accounts are estimated to be 8% of gross accounts receivable. (b) Assume that all the information above is the same, except that the Allowance for Doubtful Accounts has a debit balance of BD5,000 instead of a credit balance, prepare the journal entry. (2 M) (2M) A BI