Question 8 Part1: Record the following transactions for Alzahrani Company: 1. On April 12, sold $17,000 of merchandise to Hauser Inc., terms 2/10, n/30. 2. On April 15, Hauser returned $2,000 of merchandise. 3. On April 20, Hauser paid for the merchandise. Part2: Compute bad debts expense based on the following information and prepare the adjusting entry If the company estimates that 1% of net credit sales will become uncollectible. Sales are $600,000, sales returns and allowances are $30,000, and the allowance for doubtful accounts has a $6,000 credit balance. Use the editor to formot your