Euter Chapter 7 in the Subject Box This is a required activity. You must post before viewing the student's posts. Answer the lead question. Additionally, expand the discussion by posting two responses to your peers' posts Instructor Lead Ouestion Anton Blair is the manager of a medium-size company A few years ago, Blair persuaded the owner to base a part of his compensation on the set income the company ears each year Each December he estimates year-end financial figures in ticipation of the boss he will receive. If the bonus is not sheh as he would like he offers several recommendations to the account for year-end adjustments. One of his favorite recommendations for the accountant to reduce the estimate of doubtful accounts Required 1. What effect does lowering the estimates doubtful accounts have on the income statement and balance sheet? 2. Do you believe Blair's recommendation to adjust the allowance for doubtful account is within his rights manager, or do you believe this action is ano s violation Justify your response 3. What type of female controls) might be useful for this company in overseeing the manager's recommendations for accounting changes