Required: 1. Prepare summary journal entries to account for the 2018 write-offs and the collection of the receivable previously written off 2. Prepare the year-end adjusting entry for bad debts according to each of the following situations: a. Bad debt expense is estimated to be 2% of credit sales for the year. b. Bad debt expense is estlmated by computing net realizable value of the receivables. The allowance for uncollectible accounts is estimated to be 10% of the year-end balance in accounts receivable. c. Bad debt expense is estimated by computing net realizable value of the recelvables. The allowance for uncollectible accounts is 06 determined by an aging of accounts receivable 3. For stuations (o-( In requlirement 2 above, what would be the net amount of accounts receivable reported In the 2018 balance sheet? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 es For situations (o)-) in requirement 2 above, what would be the net amount of accounts recelivable reported in the 2018 balance sheet? abl b. C.