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Your third computer project is based on Problem #7-3 and 7-4 (pg. 396). Using Excel, develop 2 well labeled spreadsheets (one for each problem) that: ...Computes the current balance in accounts receivable ...Computes the appropriate ending balance in the Allowance for Doubtful Accounts ...Shows a partial balance sheet presentation for accounts receivable only Also, prepare an appropriate adjusting entry for the recognition of bad debt expense...include this journal entry in your excel spreadsheet Your file should be flexibly designed in order to handle changes in Account Rec. amounts and probabilities; therefore, you are designing a solution to this problem that would be able to be used every period in an organization without having to be redesigned