Assignment 3 AR % Approach Selected unadjusted account balancesat Dec 31,2019' are shown on the table below for Account Debit $ Credit $ Account Receivable 1 75000 Sales 480000 Sales cash 25% ADA Balance 1100 Sales discount discount applies to both cash and credit sales ] 8000 ABC estimates that 6% of account receivables will prove to be uncollectible. REQUIRED 1. Calculate the bad debt 2. Journalize the bad debt 3. post the transactions to T accounts 4. Give an extract of the balance sheet o Assignment 4 Aging Approach AR Selected unadjusted account balancesat Dec 31,2019' are shown on the table below for Account Receivable S Age of A/C Rec 15000000 I Not due 700000 1-30 past due 150000 31-60 past due 85000 61-90 past due 20000 Over 90 days Expected % of uncollectibles 1.25% 3% 10% 35% 70% Calculate the following using the aging population REQUIRED 1. Calculate the bad debt 2. Journalize the bad debt 3. post the transactions to T accounts 4. Give an extract of the balance sheet g hp