Question 2: The unadjusted trial balance of Conrad Ite included the following information: Cash sales: $250 000 Credit sales: $600 000 Accounts receivable: $160 000 Prepare the journal entries to adjust the Allowance for doubtful accounts (A.F.D.A.) account under each of the following situations: a) The estimated bad debts are 2.5% of credit sales and the A.F.D.A. account has a $2500 debit balance. b) The estimated bad debts are 3% of accounts receivable and the A.F.D.A. account has a $2500 credit balance. c) The estimated bad debts are 3% of accounts receivable and the A.F.D.A. account has a $2500 debit balance