please show all work

QUESTION 6 Red Company's December 31, 2021, accounts receivable aging schedule is presented below: % 0.5 1.0 3,000 10.0 1,000 50,0 Age Group 0-60 days 61-90 days 91-120 days Over 120 days Amount $60,000 22,000 The allowance for doubtful accounts had a credit balance of $1,400 on January 1, 2021. During the year, bad debts of $750 were written off. Required: Prepare all journal entries for 2021 with respect to bad debts and the allowance for doubtful accounts. Show your computation. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIVS Paragraph IXO Open Sans,s... V 10pt Q5 QUESTION 7 16 points Sew Amer On January 1, 2020, Red Corporation sold merchandise to Brown Inc. and received a non-interest-bearing note that requires Brown to pay $375,000 on December 31, 2021 (the note's maturity date). The current annual market rate of interest on notes of similar risk is 9%. Brown paid Red $375,000 on December 31, 2021. REQUIRED: Answer questions 1-3 related to the Red Corp. If no entry is needed, write, "no entry". (1) Prepare the entries necessary on January 1, 2020 to record the sale. Show your computation. (2) Prepare the entries necessary on December 31, 2020. Show your computation. (3) Prepare the entries necessary on December 31, 2021. Show your computation. For the toolbar, press ALT+F10 PC or ACT-INFO(Ma A U k Paranranh na