Accounts receivable Question one The following selected transactions relate to MSN Company: On 10/10/2016, MSN Company writes off as uncollectible 8,000 SAR of accounts receivable.. On 30/11/2016, MSN Company estimated bad debt percentage is 1% of credit sales whose total amount is 1,000,000 SAR. On 10/12/2016, one of the accounts receivables pays the 8,000 SAR which MSN Company had written off on 10/10/2016 Instruction 1- Record the appropriate entries in the Journal. 2- Record the appropriate entry in the Journal if we assume that on 30/11/2016, MSN Company estimated bad debt percentage as 1% of account receivable whose total amount is 1,000,000 SAR and that "allowances for doubtful accounts" has a credit balance of 8000 SAR. 3- Record the appropriate entry in the Journal if we assume that on 30/11/2016, MSN Company estimated bad debt percentage as 1% of account receivable whose total amount is 1,000,000 SAR and that "allowances for doubtful accounts" has a debit balance of 8000 SAR