Q2 ACCOUNTS RECEIVABLE: A) ABC Inc uses the percentage of sales method to account for its bad debts and had credit sales of $900,000 in 2018 to Zee Company. On December 31, 2018 the company estimated its bad debts at 3.25% of its credit sales. On February 1, 2019, the company wrote off, as uncollectible, the $19,000. On August 31, of 2019, Zee Company unexpectedly paid its account in full. Required: Prepare the necessary journal entries: Date Details Debit Credit OT