ive attached a picture of the question theres multiple parts.

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Innovative Tech Incorporated (ITI) has been using the percentage of credit sales method to estimate bad debts. During November, ITI sold services on account for $150,000 and estimated that 3/4 of 1 percent of those sales would be uncollectible. Required: 1. Prepare the November adjusting entry for bad debts. 2. Starting in December, ITI switched to using the aging method. At its December 31 year-end, total Accounts Recelvable is $83,300, aged as follows: (1) 1 to 30 days old, $68,000; (2) 31 to 90 days old, $12,000; and (3) more than 90 days old, $3,300. The average rate of uncollectibility for each age group is estimated to be (1) 12 percent, (2) 24 percent, and (3) 48 percent, respectively. Prepare a schtedule to estimate an appropriate year-end balance for the Allowance for Doubtful Accounts. 3. Before the end-of-year adjusting entry is made, the Allowance for Doubtful Accounts has a $1,250 credit balance at December 31 . Prepare the December 31 adjusting entry. 4. Show how the various accounts related to accounts recelvable should be shown on the December 31 balance sheet. Complete this question by entering your answers in the tabs below. Prepare the November adjusting entry for bad debts. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Prepare the November adjusting entry for bad debts. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the adjusting entry for bad debts as of November 30 . Note: Enter debits before credits. Starting in December, ITI switched to using the aging method. At its December 31 year-end, total Accounts Recelvable is $83,300, aged as follows: (1) 1 to 30 days old, $68,000; (2) 31 to 90 days old, $12,000; and (3) more than 90 days old, $3,300. The average rate of uncollectiblity for each age group is estimated to be (1) 12 percent, (2) 24 percent, and (3) 48 percent, respectively. Prepare a schedule to estimate an appropriate year-end balance for the Allowance for Doubtful Accounts. Before the end-of-year adjusting ent y is made, the Allowance for Doubtful Accounts has a $1,250 credit balance at December 31 . Prepare the December 31 adjusting entry. (If no entry is required for a transaction/event, select "No Journal Entry Required" In the first account field.) Journal entry worksheet Record the adjusting entry for bad debts as of December 31 . Note: Enter debits before credits. Show how the various accounts related to accounts receivable should be shown on the December 31 balance sheet. Required information [The following information applies to the questions displayed below.] Fraud Investigators Incorporated operates a fraud detection service. a. On March 31,10 customers were billed for detection services totaling $17,000. b. On October 31, a customer balance of $1,100 from a prior year was determined to be uncollectible and was written off. c. On December 15 , a customer paid an old balance of $720, which had been written off in a prior year. d. On December 31, $420 of bad debts were estimated and recorded for the year. equired: . Prepare journal entries for each transaction above. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account fieid.) Journal entry worksheet Journal entry worksheet On March 31,10 customers were billed for detection services totaling $17,000. Record the transaction. Note: Enter debits before credits. Journal entry worksheet 5 On October 31 , a customer balance of $1,100 from a prior year was determined to be uncollectible and was written off. Record the transaction. Note: Enter debits before credits. Journal entry worksheet Record the reversal of the write-off of a $720 customer account. Note: Enter debits before credits. Journal entry worksheet 12 Record the cash collected $720 from the customer. Note: Enter debits before credits. Journal entry worksheet