For 8.1 I need balance sheet. I finished 8.2, but I do not know it is correct or not. If you can not do 8.2, it is fine.

And I also need 8.3 and 8.4

HW Problem 8.1 - Tree Company had 201X credit sales of $2,250,000 and cash sales of $500,000. At year end, Tree Co's accounts receivable balance was $330,000 and the allowance for doubtful accounts had ' a $2,000 debit balance. ' a. What journal entry is required under each of the following assumptions? i. Tree Co estimates 2.5% of credit sales are uncollectible ii. Tree Co estimates 1.5% of total sales are uncollectible iii. Tree Co estimates 6% of accounts receivable are uncollectible b. Show the balance sheet presentation for parts i and iii. HW Problem 8.2 Jute Company's accounts receivable has a year-end balance of $652,000 and its allowance for doubtful accounts has a $5,000 credit balance. Jute ages its accounts receivable and estimates uncollectible accounts as follows. A/R Age __Balance Urncomm Not due $300,000 1.00% 1-30 days past due $250,000 1.50% 31-60 days past due $60,000 10.00% 61-90 days past due $30,000 35.00% Over 90 days past due $12,000 70.00% $652,000 a. Record the journal entry to estimate bad debts at year-end b. Record the journal entry the next year when Boom Company goes bankrupt owing Jute $8,000. HW Problem 8.3 Lender Company incurred the following transactions in February: . 2/20 Accepted a $30,000, 60-day 7.2% note as extension of Late Company's overdue accounts receivable. 2/24 Loaned $40,000 to Borrower Company in exchange for a 50day 11.7% note. 2/25 Loaned $45,000 to Related Company in exchange for a 45-day 4% note. a. Record the preceding transactions for Lender Company assuming it uses the 360 day convention. b. Record adjusting entries February 28th and March 31\". c. Record the journal entries at maturity. HW Problem 8.4 Given the following information, A) calculate each company's receivables turnover for most recent year, B) which company collects its receivables most quickly? C) print the Excel formulas Dr. P 7- ner (millions $) Coca Cola (in millions $) Pepsi (in millions 35) Year End Year End Year End Year End Year End Year End 12/30/12 Ill/12 12/30/12 1/1/12 12/29/12 12/31/11 f Cost of Sales " Net Income 1, Inventory __ Accounts Receivable (Net) 1 - Total Assets 41