plz. hlp i need answer

plz hlp this is my 20 percent test amd half an hour left for this..

Selected unadjusted account balances at December 31, 2020, are shown below for Demron Servicing. Credit Debit $71,000 Account Accounts receivable Allowance for doubtful accounts Sales (all on credit) Sales discounts $ 1,120 489 , 9,000 Required: a. Demron estimates that 2% of net credit sales will prove to be uncollectible. Prepare the adjusting entry required on December 31, 2020, to estimate uncollectible receivables. d. Show how accounts receivable would appear on the December 31, 2021, balance sheet. Partial Balance sheet Assets c. Record the adjusting entry required on December 31, 2021 to estimate uncollectible receivables, assuming it is based on 2% of net credit sales b. During 2021, credit sales were $632,000 (cost of sales $414,370); sales discounts of $13,000 were taken when accounts receivable of $476,700 were collected; and accounts written off during the year totalled $10,800. Prepare the entries for these transactions. View transaction list View journal entry worksheet