Q5: Assume that Yafa Company elects to use the percentage -of-sales basis. It concludes that 2% of net credit sales will become uncollectible. If total credit sales for 2020 are $1,000,000, and credit sales return is $100,000 1-Compute net credit sales * 1 point Your answer 1 point 2-Total Allowance For Doubtful Accounts Your answer 2 points 3-prepare the adjusting entry if the balance of allowance is $3,000 debit at 31/12/2019*