Camping World Ltd sells tents and camping equipment on credit. The accounting records at $30$ June $2022$ reveal the following. Ignore GST$.$

Credit sales $($for the year$)$

$$1391000$

Credit sales returns and allowances $($for the year$)$

$117000$

Accounts Receivable $($at $30$ June $2022)$

$424450$

Allowance for Doubtful Debts $($credit balance at $30$ June $2021)$

$1950$

In the past, the company$$s yearly bad debts expense had been estimated at $3\%$ of net credit sales revenue.

Required:

$($a$)$ Prepare the journal entries to adjust the Allowance for Doubtful Debts at $30$ June $2022$ under the net credit sales method

$($b$)$ Determine the balance in the Allowance for Doubtful Debts account.

$($c$)$ Assume that the allowance account had a debit balance of $$1066$ at $30$ June $2021.$ Show the journal entries to record the allowance for doubtful debts at $30$ June $2022$ under the net credit sales method.

$($d$)$ Using the journal entries from requirement $($c$),$ determine the balance in the allowance account.