Question 3 of 7 -/1 View Policies Current Attempt in Progress The ledger of Novak Corp. at the end of the current year shows Accounts Receivable $79,000, Credit Sales $829,000, and Sales Returns and Allowances $43,200. Prepare journal entries for each separate scenario below. (a) If Novak Corp. uses the direct write-off method to account for uncollectible accounts, journalize the adjusting entry at December 31, assuming Novak Corp.determines that Matisse's $800 balance is uncollectible. (6) If Allowance for Doubtful Accounts has a credit balance of $1,300 in the trial balance, journalize the adjusting entry at December 31, assuming bad debts are expected to be 12% of accounts receivable. (c) If Allowance for Doubtful Accounts has a debit balance of $502 in the trial balance, journalize the adjusting entry at December 31, assuming bad ddbts are expected to be 11% of accounts receivable. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit (a) (b) (c)