Garak Inc., is a global technology company that has been an innovative leader in Web search. Its balance sheet on September 30, 2011, included the following data ($ in millions) Accounts receivable, net of allowance of $98 $ 5,240 Read the requirements. Requirement 1. The company uses the allowance method for accounting for bad debts. The company added $211 million to the allowance during the year ending September 30, 2011. Write-offs of uncollectible accounts were $181 million. Show (a) the impact on the balance sheet equation of these transactions, and (b) the journal entries. (a) Show the impact on the balance sheet equation of these transactions. Begin by selecting the accounts affected by the transactions and then the amounts. (Use a minus sign or parentheses to show a decrease in the accounting equation component and leave any unused cells blank.) Assets Liabilities Owners' Equity 2011 Allowance 2011 Write-off