Question 1 2.66 pts Time Elapsed: Hide Attempt due: Jul 3 at 11:59pm 2 Days, 9 Minutes, 7 Seconds The general ledger of the Jumper Incorporated is showing an Accounts Receivable balance of $80,000, Sales Revenue of $650,000, and Sales Returns and Allowances of $30,000. If Jumper Inc used the direct write-off method to account for uncollectible accounts, do the adjusting journal entry on December 31st, assuming Jumper Inc determines that John Hancock's $2,500 balance is uncollectible. A/C Account Description Debit Credit D Question 2 2.67 pts Refer to #1 (The general ledger of the Jumper Incorporated is showing an Accounts Receivable balance of $80,000, Sales Revenue of $650,000, and Sales Returns and Allowances of $30,000). Using the allowance method, if Allowance for Doubtful Accounts has a credit balance of $1,100 in the general ledger, journalize the adjusting entry on December 31, assuming bad debts are expected to be (a) 1% of net sales, and (b) 8% of Accounts Receivable. A/C Account Description Debit Credit Question 3 2.67 pts Refer to #2. Assuming Jumper Inc is using the allowance method. On April 30th, Jumper Inc determined that the Danny Zuko account was uncollectible and wrote off $1.800. On July 4th. Danny Zuko paid the amount previously written off. Post the entries for Jumper Inc on April 30th and July 4th. A/C Account Description Debit Credit