Accounts Recelvable Homework: Tara Taylor Industries uses the Percentage of Credit Sales method to estimate bad debt expense. TII estimates 5% of Crodit sales are uncolloctible. 1-14-23: Sales on Account $400,000 2.1423. Sales on Actount $3900,000 3-15-23. Wha oft Giaian Gardener's Accounts Receivatie for $20,000. 3-30-23: Collected $500,000 in Actourts receivable Required: Record the transactions in the Joumal and pest them to the ledger. Roll Pyan Industries began business on January 1, 202a. RRI uses the Percentage of Accounts Receivable method to estimate bed dabts. SSI prepares quarterly financial statementa. 1-19.23. Sales on Account 5700,000 2-20-23: Sales on Account $300.000 3.15-23. Collecled $400,000, in accounts recervatie. recervable oce uncobectilite. 4-15-23, Sales on Accoount $3009000 receivable are uncoliectele. Required: Fecord the transactions in the Joumal and post them to the ledger