b. Record the general journal entries to: (1) Record sales on account for Year 2. (2) Record cash collections from accounts receivable for Year 2. (3) Write off the accounts that are not collectible. (4) Record the estimated uncollectible accounts expense for Year 2. Complete this question by entering your answers in the tabs below. Compute the following amounts: (1) Using the allowance method, the amount of uncollectible accounts expense for Year 2. (2) Net realizable value of receivables at the end of Year 2. Problem 7-19A (Static) Determination of account balances and preparation of journal entries-percent of receivables allowance method of accounting for uncollectible accounts LO 7-2 The following information is available for Quality Book Sales' sales on account and accounts receivable. After several collection attempts, Quality Book Sales wrote off $2,850 of accounts that could not be collected. Quality Book Sales estimates that 4 percent of the ending accounts receivable balance will be uncollectible. Required a. Compute the following amounts: (1) Using the allowance method, the amount of uncollectible accounts expense for Year 2. (2) Net realizable value of receivables at the end of Year 2. b. Record the general journal entries to: (1) Record sales on account for Year 2. (2) Record cash collections from accounts receivable for Year 2. (3) Write off the accounts that are not collectible. (4) Record the estimated uncollectible accounts expense for Year 2. Record the general journal entries to: (1) Record sales on account for Year 2. (2) Record cash collections from accounts receivable for Year 2. (3) Write off the accounts that are not collectible. (4) Record the estimated uncollectible accounts expense for Year 2. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Show less Journal entry worksheet D Note: Enter debits before credits