Required: Prepare the Journal Entries for the above transactions. Prepare a Schedule of Current Liabilities as of June 30, 2008 At December 31, 2008 the trial balance of Winn Co contained the following account balances Accounts Receivable $280,000 Allowance for Doubtful Accounts $1,300Cr Sales $910,00Cr Prepare the adjusting entries at December 31, 2008 to record bad debts expense under each of the following independent assumptions:(4 Entries are needed) An aging schedule indicates that $32,140 of accounts receivable will be uncollectible. The company estimates that 4% of net sales will be uncollectible Repeat part A & B assuming that the balance of the Allowance for Accounts at December 31, 2006 was a debit balance of $2,200