Atrial balance before adjustment included the following: Credit Debit $177,000 Accounts receivable Allowance for doubtful accounts Sales Sales returns and allowances $540 442.000 5.700 Prepare journal entries assuming that the estimate of uncollectible is determined by taking (1) 8% of gross accounts receivable (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Debit Credit Account Titles and Explanation Prepare journal entries assuming that the estimate of uncollectible is determined by taking (1) 8% of gross accounts receivable Credit account titles are automatically indented when the amount is entered. Do not incent manually Account Titles and Explanation Debit Credit (2) 2% of gross accounts receivable (assuming a $540 debit allowance account balance). (Credit account titles are automatically indented when the amount is entered. Do not indent manually) Account Titles and Explanation Debit Credit