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Please help with this question (bl Credit sales If for year] 5965,1101] Credit sales returns and allowances (for year} 32,1111!) Accounts receivable (31} June 211211]

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(bl Credit sales If for year] 5965,1101] Credit sales returns and allowances (for year} 32,1111!) Accounts receivable (31} June 211211] 3112,5151} Allowance for doubtful debts 1311 June 21121}! 1,2111] CR '11: estimated Balance uncollectahle Accounts not yet due: $915,451) 1% Accounts overdue: 111-31} days 31,2311 5% 31-61} days 2231511 111% 61-121} days 115,541] 311% 121 days and over 9,3?2 611% $1 115,352 Using the data in the tables above, present the general journal adesting entries to provide for bad debts expense for the year ended 31] Jone 211211 Under each of the two allowance methods: {i} Percentage of net credit sales approach assuming bad debts are provided for as 2% of net credit sales. (ii) Ageing of accounts receivable method using the data above

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