Blue Spruce Corp had net sales in 2020 of $1.9 million At December 31, 2020, before adjusting entries, the balances in selected accounts were as follows: Accounts Receivable $23,900 debit; Allowance for Doubtful Accounts $3,500 detit. Assume Blue has examined the wing of the accounts receivable and has determined the Allowance for Doubtful Accounts should have a balance of $3,000, prepare the December 31, 2020 journal entry to record the adjustment to Allowance for Doubtful Accounts (Credit cu titles are automatically indeed when aus entered. Do not indentally I try is required select "No Entry" for the countries and enter for the amounts) Account Titles and Explanation Debit Credit TET Bramble Corp. was experiencing cash flow problems and was unable to pay its $100,000 account payable to Indigo Corp. when it fell due on September 30, 2020. Indigo agreed to substitute a one year note for the open account. The following two options were presented to Bramble by Indigo Corp.: Option 1: A one-year note for $100,000 due September 30, 2021. Interest at a rate of 10% would be payable at maturity Option 2: A one-year non-interest-bearing note for $110,000. The implied rate of interest is 10% Assume that Indigo Corp, has a December 31 year end. Assuming Bramble Corp. chooses Option 1. prepare the entries required on Indigo Corp.'s books on September 30, 2020, December 31, 2020, and September 30, 2021. (Cred cities are automatically indented when the amount is entered. Do not indent manually. Il ne entry is required, select "Mentry for the crown titles and enter for the amound answers to decimal places 5,275. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Credit