Anthony Corporation reported the following amounts for the year. Anthony's average days in inventory is: (Round to the nearest whole day.) A company has the following balances on December 31,2024 , before any adjustment: Accounts Receivable =$119,000; Allowance for Uncolecible Accounts =$1,900 (debin, On December 31,2024, Challenger estimates uncollectible accounts to be 15% of accounts nceivable Required: 1. Aecord the adjusting enty for uncollectible accounts on December 31, 2024. 2. Detemine the amount ot which bad debt expense is reported in the income statement and the allowance for uncollectible accounts is reported in the balance sheet. 3. Calculate net accounts receivable reported in the balance sheet. Complete this question by entering your answers in the tabs below. hecord the affusting entry for uncolectible accounts on December 31, 2024. (If no entry is required for a particular transaction/event, elea "To bamal Eitry Required" in the first account field.) On May 1,2024, a company lends $100,000 to one of its main suppliers and accepts a 12 -month, 7% note. Required: Aecord the acceptance of the note on May 1, 2024, the adjusting enty on December 31, 2024, and the cash collection on May 1 , 2025. (frno entry is required for a particular transaction/event, select "No Joumal Entry Required" in the first account field. Do not round intermediate calculations. Round your finstanswers to the nearest whole dollar.) On March 13, a company whites off a customers account of $3,900. On June 3, the customer unexpectedly pays the $3,900 balance. Using the allowance method, record the witte-of on March 13 and the cash collection on June 3. If no entry is required for a particalar transactionevent, select "No Journal Entty Required" in the first account field.)