[CLO-4] Al year-end (December 31), Rashid Company as a 1% of its casas of D400.000, Rad On the following February 15, Rashid decides that the AD600 account of Ayesha is uncut and sofa at On March 31 Ayesha unexpectedly pays the amount previously written off Required: Part a) Prepare the journal entries of Rashid to record these transactions and events of December 31, February 15, and March 31st. 14 marks) Part b) Ahmed Company's year-end unadjusted trial balance shows accounts receivable of 500,000, and sales of $200,000 Uncollecte are estimated to be 2% of accou receivable Required: Prepare the year-end adjusting entry on December 31st for uncollectible if the allowance account had a year-end unadjusted credit balance of $3007 Note pant is not ed with part (all (1 mark) Part c) What is matching (expense recognition) principle? Why matching principle can be applied to estimate bad debts at the end of the accounting period? (1 mark) For the toolbar, press ALT+F10 (PC) or ALT FN-F10 (Mac 2 BIVS Paragraph xx Arial v 10pt ck Save and Submit to save and submit. Click Save All Answers to save all an S Sex and Subme