b. During 2024 , credit sales were $740,000 (cost of sales $485,200 ); sales discounts of $18,000 were taken when accounts receivable of $660,200 were collected; and accounts written off during the year totalled $14,800. Prepare the entries for these transactions. d. Show how accounts recelvable would appear on the December 31,2024 , balance sheet. = Record the adjusting entry required on December 31, 2024, to estimate uncollectible receivables, assuming it is based on 2.5% of het credit sales