Helo 1 Syatem Announcements actice Gradebook ORION Downloadable eTextbook ment CALCULATOR PRINTER VERSION BACKm Exercise 8-05 The ledger of Skysong, Inc. at the end of the current year shows Accounts Receivable $112,000; Sales Revenue $849,000; and Sales Returns and Allowances $20,000. ) I' Sacong uc the direct verite of method to accountbe accounts, Journalize the adjusting entry at December 31, assuming Skysong determines that L Dole's s1,700 balance is uncollectible. b) If Allowance for Doubtful Accounts has a credit balance of $2,600 in the trial balance, ournalize the adjusting entry at December 31, assuming bad debts are expected to be il % of 1 Allowance for Doubtful Accounts has a de balance of$202in the trial balance, o maize the a sting entry at December 31, assuming bad debts are expected to be 7% ofaccounts (Credit account tities are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Debit Credit Click if you would like to Show Work for this question: Qpen Show Work SHOW LIST OF ACCOUNTS 9