On August 31, 2018. Bouquet Floral Supply had a $140.000 debit balance in Accounts Receivable and a $5.600 credite balance in Allowance for Bad Debts. During September, Bouquet made . Sales on account. $550.000 ore Cost of Goods Sold . Collections on account 514 000 .Write-offs of uncollectible receivables. $4,000 Read the requirements ed at 2% of credite Show all September activity in Account Rectie Allowance for * Requirements the explanation on the last line of the journal entry table) 1. Journal al September entries using the allowance method. Bad debts expense was estimated at 2% of credit sales Show all September activity in Accounts Receivable Allowance for Bad Debts, and Bad Debts Expense post to these T-accounts 2. Using the same as me that Bouquet used the direct write-off method to account for uncolectible recibes Jourmaline all September is using the directwo method Post to Accounts Receivable and Bad Debts Expense and show the balances at September 30, 2018 3. What amount of Bad Debts Expense woud Bouquet report on its September income statement under each of the two methods? Which amount beter matches expense with us? Give you reason 4. What amount of nel correctie woud Bouquet report on September 30, 2018 balance sheet under each of the two methods? Which amount is more realist? Give your Print Done Choose from any ist or enter any number in the input fields and then continue to the next question Postal September entries in the appropriate T-accounts and calculate the ending balance in each account. (Enter the beginning balance if applicable. Then post the Accounts Receivable Allowance for Bad Debts Aug 31, 2018 Bal 4000 4000 Bad Debt Expense Requirement 2. Using the same facts, assume that Bouquet used the direct write-off method to account for uncollectible receivables. Joumalize all September entries un Expense and show the balances at September 30, 2018 Begin by joumalizing all September entries using the direct write-off method. (Record debits first, then credits. Select the explanation on the last line of the journal entry to Sales on account, $550,000. Ignore Cost of Goods Sold Date Accounts and Explanation Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question Post to Accounts Receivable and Bad Debts Expense and show their balances at September 30, 2018. (Enter the beginning balance applicable. The post the transactions and calculate the account balance at Sepet Requirement 3. What amount of Bad Debts Expense would Bouquet report on its September income statement under each of the two methods? Which amount better matches expense with revenue? Give you Enter the amount of bad debit expense Bougat would report on September 10, 2018 income statement under each of the two methods Income Statement Partial) Allowance Method Direct Wit-on Method Bad Debts Expense Bad Debts Expense under the better matches expense with revenue because the expense is recorded Requirement 4. What amount of net accounts receivable would report on its September 30, 2018, balance sheet under each of the two methods? Which amount is more realistic Give your reason Enter the amount of net accounts receivable Bouquet would report on in the September balance sheet under each of the two methods. (Complete all answer boxes. For accounts with a 50 balance, make sure to enter Direct Write-On Method Allowance Method Balance Sheet (Partial): Accounts receta Les Allowance for Dets Choose from any f or enter any number in the input fields and then continue to the next