b) Trevor Company's ledger at the end of the current year shows Accounts Receivable of $150,000. Not credit salos amounted to $2.700.000 during 2019. An aging analysis of the accounts receivable indicated that 10% are expected to be uncollectible. Past experience has shown that about 15 of net credit sales eventually are uncollectible. Instructions a It Allowance for Doubtful Accounts has a credit balance of $3,000 in the trial balance Journalize the adjusting entry for the end of the period under the receivable method (3 marks) b. If Alowance for Doubtful Accounts has a debit balance of $5,000 in the trial balance, joumalize the adjusting entry for the end of the period under the receivable method (3 marks) . Propare the adjusting entries to record estimated bad debts expense using the percentage of sales basis it opening figure was $2.000 3 marks)