(8 PTS) 1. Accounts Receivable - Uncollectible Accounts Spacer Corporation's trial balance revealed the following balances in these selected accounts prior to any adjustments: Accounts Receivable $1,250,000 Debit Allowance for Doubtful Accounts 41,600 Credit Credit Sales 4,560,000 Credit Record the entry for estimated uncollectible accounts using each of the following methods: a) Percentage of Credit Sales: 2% of credit sales is estimated b) Percentage of A/R: 5% of gross accounts receivable is estimated Account Debit Credit a) b)