Please input criteria within these tables...Ignore eraser marks as I had to clear up my mistakes of error to be able to express table format and setup for you to answer. Thanks

During its first year of operations, Precious Cargo, Inc. had sales of $483,000, all on account. Industry experience suggests that Precious Cargo's uncollectibles will amount to 2% of credit sales. At December 31, 2016, accounts receivable total $54,000. The company uses the allowance method to account for uncollectibles. (Assume that there are no expected sales refunds or sales returns for this exercise.) 1. Make Precious Cargo's journal entry for uncollectible-account expense using the percent-of-sales method. 2. Show how Precious Cargo should report accounts receivable on its balance sheet at December 31, 2016. 1. Make Precious Cargo's journal entry for uncollectible-account expense using the percent-of-sales method. (Record debits first, then credits. Exclude explanations from journal entries.) Journal Entry Credit Debit Date Accounts Dec 31 2. Show how Precious Cargo should report accounts receivable on its balance sheet at December 31, 2016. Less