I was wondering if you could help me with the analysis component in Exercise 8-11 Chapter 8 in the book fundamental accounting principles.

CHAPTER 8 Receivables Required a. Assume that Demron estimates uncollectible accounts as 2% of receivables. Prepare adjusting entry required on December 31, 2017, to estimate uncollectible receivables. b. During 2018, credit sales were $620,000 (cost of sales $406,500); sales discounts taken were $12,000, accounts receivable collected were $440,000; and accounts written off durin Exercise 8-13 Direct w Delores Cooper operate write-off method to ac le $2,600 account for The December 31, 201 Required Record the Analysis Component rect write-off meth (a) 29% of credit sal on profit of using year totalled $10,000. Prepare the entries to record these transactions. g the to estimate uncollectible ysis component: Comment on the advantages and disadvantages of using the balance s c. Record the adjusting entry required on December 31, 2018, receivables, assuming it is based on 2% of receivables. d. Show how accounts receivable would appear on the December 31, 2018, balance sheet Anal approach for estimating uncollectibles pl 8-11 Estimating bad debt expense-percentage of receivables LO3 xer K FIGURE: d. Accounts receivable (net) $235,200 the information in Exercise 8-10 Refer to 565