At 31 December 2020 year end, HSA's Pte Ltd's Accounts Receivable has a balance of $800,000; Allowance for Doubtful Accounts has a credit balance of $7,500; and net sales for the year total $3,500,000. Bad debt expense is estimated at 0.5 % of net sales. Determine a) using the net credit sales method, the amount of the adjusting entry for uncollectible accounts and provide the journal entry; (2 mark) b) the adjusted balances of Accounts Receivable, Allowance for Doubtful Accounts, and Bad Debt Expense; and c) the net realizable value of accounts receivable. (3 marks) (2 marks) d) Assume HAS Ltd decides to use the ageing of the accounts receivable method instead, and a $2,000 debit balance in Allowance for Doubtful Debts at 31 December 2020. The following aging analysis schedule of the outstanding accounts receivable is presented below. Balance % estimated uncollectable Accounts not due yet $428,100 Accounts overdue: 10-30 days 230,500 31-60 days 95,200 61-120 days 36,400 121 days and over 9,900 2820 12 50 $800,000 Determine i) the amount for adjusting and provide the journal entry to record bad debts expense, for the year ended 31 December 2020; (3 marks) ii) the adjusted balances of Accounts Receivable, Allowance for Doubtful Accounts and bad debts expense and, iii) the net realizable value of accounts receivable (3 marks) (2 marks)