SECTION C-LONG QUESTION (10 points) A year-end review of Company ABC's Accounts Receivable and estimated uncollectible percentages revealed the following: Days due Estimated %uncollectibles Accounts receivables 1-30 days 1.5 % 30-90 days $10,000 90 days-1 year $6,000 22% Over 1 year The beginning debit balance for Accounts Receivables was $58,000. The beginning credit balance in Allowance for Uncollectible Accounts was $5,520. During the year, the Company ABC has generated $15,000 sales on account and written off a $600 uncollectible account. Company ABC uses the allowance method. Requirements: (Hint: do the T-account analyses for Accounts Receivable and Allowance Uncollectible Accounts) J) What's the the ending balance for Allowance for uncollectible accounts? And how much is he Net Accounts Receivable reported on the balance sheet by the year end? (3 marks) D What's the the ending balance for Allowance for uncollectible accounts? And how much is the Net Accounts Receivable reported on the balance sheet by the year end? (3 marks) 2) How much accounts receivable was collected back during the year? Do the journal entry for the collection of money. (3 marks) 3) Do the journal entry for writing off $600 uncollectible account. (2 marks) 4) Do the journal entry for Bad debt expense. (2 marks)