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Suzki Supply reports the following amounts at the end of 2021

Required information [The following information applies to the questions displayed below.] Suzuki Supply reports the following amounts at the end of 2021 (before adjustment). Required: . Record the adjusting entry for uncollectible accounts using the percentage-of-receivables method. Suzuki estimates 11% of eceivables will not be collected. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in tho irst account field.) 2. Record the adjusting entry for uncollectible accounts using the percentage-of-credit-sales method. Suzukl estimates 3% of credit sales will not be collected. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the adjusting entry for Uncollectible Accounts: Note: Enter debits before credits: Required information [The following information applies to the questions displayed beiow] Suzuki Supply reports the following amounts at the end of 2021 (before adjustment). 3. Caiculate the effect on net income (before taxes) and total assets in 2021 for each method. Suzukl estimates 11\% of receivables and 3% of credit sales respectively will not be collected