Could anyone plz help me with part A and B plz (I'm not sure if I'm doing this right)

Thank you!

Note: Unless told otherwise, all companies in this course have a calendar year-end. In addition, round all interest calculations to the nearest whole month and dollar. For problems that require calculations, your work should be shown to receive partial credit. Problem I: (11 pts) Barnes Inc.'s trial balance indicates the following select account balances at the end of 2022 before the year-end adjustment to record bad debts: Barnes Inc. Trial Balance (partial) 12/31/22 A. Assume that Barnes uses the percentage of accounts receivable method, and it estimates that 4% of its total accounts receivable balance is uncollectible on 12/31/22. 400,0004%=16,000 Required: Prepare the 12/31/22 journal entry to record the estimated bad debts expense for 2022 , (4) B. Assume that Barnes uses the percentage of net sales method, and it estimates that 1% of net sales is uncollectible on 12/31/22. Required: Prepare the 12/31/22 journal entry to record the estimated bad debts expense for 2022 . (4 (Continued on the next page)