A trial balance before adjustments for Voit Company at December 31, 2014 included the following: Prepare the adjusting entry that would be required under each of the following methods Bad debts are estimated at 2% of net credit sales. Bad debts are estimated at 10% of gross accounts receivable. For each of the methods above (a and b) indicate the amount of net accounts receivable that will be reported on the balance sheet at December 31, 2014 after the adjusting entry has been prepared and posted. For each of the methods above (a and b) indicate whether they are balance sheet or income statement focused