BAD DEBTS EXPENSE ACCOUNTS RECEIVABLE 1/1/2012 0 1/1/2012 25,123 3/2/2012 4/6/2012 1,500 2/28/2012 800 600 5/1/2012 BALANCE 8,000 33,123 1,500 3/2/2012 5/1/2012 600 800 4/6/2012 600 5/2/2012 BALANCE 1,700 BALANCE 30,823 SALES 8,000 2/28/2012 1,200 3/1/2012 9,200 BALANCE ALLOWANCE FOR BAD DEBTS 0 1/1/2012 CASH 1/1/2012 3/1/2012 22,222 1,200 5/2/2012 600 BALANCE 24,022 REQUIRED: COMPLETELY DESCRIBE EXACTLY WHAT HAPPENED ON 2/28, 3/1, 3/2, 4/6, 5/1 & 5/2/12