Question 10 Al Bakara company report the following results for its calendar year December 31.2021. 3 points t Cash sales Credit sales Account receivable Account payable Allowances for doubtful accounts 200,000 180,000 22,000 (debit) 46,000 (credit) 2.000 (debit) The company estimates bad debts to be 2% of annual total sale. Required: 1- Prepare the adjusting entry to record the estimated bad debt. Answer in the following format [Note: This is just an example and is not related to the question} Jan 1 Dr. Cash 120 Cr. Owner capital ...............120 Activate Windows Go to Settings to activate Windown 2- Show how Accounts Receivable and the Allowance for Doubtful Accounts appear on Al Bakara company December 31 balance sheet COLTARN+F10 (Mack