saved Selected unadjusted account balances at December 31, 2020. are shown below for Demron Servicing. 5 Account Accounts receivable Allowance for doubtful accounts Sales (all on credit) Sales discounts Debit $64,000 Credit $ 1,020 446,000 18 points 8,000 8 00:16:53 Required: a. Demron estimates that 3% of net credit sales will prove to be uncollectible Prepare the adjusting entry required on December 31, 2020, to estimate uncollectible receivables. View transaction list View journal entry worksheet No Date General Journal 1 December 31. 2020 Debit Credit Bad debt expense 445.760 Allowance for doubtful accounts 445.760 d. Show how accounts receivable would appear on the December 31, 2021, balance sheet. Partial Balance sheet Assets Current assets Accounts receivable Add Allowance for doubtfut accounts