R.7. Samson Company presented the following selected nformation for the year 2019. 1) Accounts Receivable (Jan. 1 2019) 110,000 2) Allowance for bad debts (Jan. 1 2019) 12,000 3) Total credit sales for the year. 2,10,000 4) Cash collected from customers 1.20,000 5) Sales Return and Allowances 6,000 6) Discount allowed to customers 4,000 7) Customers A/c. written off during year 18.000 8) Accounts Receivable previously written off collected 15,000 9) In subsidiary ledger one of the customer's account shows debit balance Rs 8,000 Required: Oive entries in general journal including the adjusting entry for the year ended December 2019 under the following assumptions A) Bad debts are estimated 62% of the Net Sales B) Allowance for Bad Debts on December 31 2019 should be equal to 5% of the Ae Receivable as on December 31 2019 C) Allowance for Bad Debts on December 31 2019 should be equal to 4% of the Ac Receivable as on December 31 2019 D) Allowance for Bad Debts on December 31M 2019 should be equal to 10% of the A e Receivable as on December 31 2019