H Ahmad (9 - Protected View - Saved to the PC- Search Sign in Fle Home Insert Design Layout References Malings Review Vich Help Share Comments PROTECTED VIEW Be cardul files from the Internet can contain viruses. Unless you need to cit. it's safe to stay in Protected View Enable Edung x Credit Q1 (12%) A trial balance before adjustment included the following: Debit Accounts receivable $80,000 Allowance for doubtful accounts Sales Sales returns and allowances 10,000 550 $340,000 a) Prepare the journal entries assuming that the estimate of uncollectibles is determined by taking (1) 5% of gross accounts receivable and (2) 1% of net sales. b) Assume that all the information above is the same, except that the Allowance for Doubtful Accounts has a debit balance of $550 instead of a credit balance. How will this difference affect the journal entries in part (a)? Activate Windows Go to Settings to activate Windows Puyc 2015 24 cl 255 works Crocus 100% CY10 ING Type here to search 3232 PM 19/17/2001 22172100