Q2: Nethery Co shows the following account balances on October 31, 2024. The AR was $82,000 as debit. The Allowance for doubtful accounts was $600 and the sales was 880,000 inclding S120,000 as cash sales and $20,000 as sales of return The company's accountant estimates bad debts to be 3.5% of credit sales. Required: a.) Prepare the adjustment to allowance for doubtful accounts based on the information above b.) Show how accounts receivable, net would be disclosed on the balance sheet