Question no. 2: At cach calendar year-end. Abdulla LLC uses the percent of accounts receivable method to cum debts. On December 31, 2018, it has outstanding accounts receivable of AED90,000, and it estimates that 3% of accounts receivables will be uncollectible. a) Prepare the adiustino Frepare the adjusting entry to record bad debts exnense for vear 2018 under the assumption that the allowance for Doubtful Accounts has a AED700 credit balance before the adjustment. (1 marks) Journal Entry Date Dec 31, 2018 Debit (AED) Credit (AED) b) Prepare the adjusting entry to record bad debts expense for year 2015 under the assumption that the Allowance for Doubtful Accounts has a $300 debit balance before the adjustment. (1% marks) Journal Entry Debit (AED) Credit (AED) Date Dec 31, 2018