Selected unadjusted account balances at December 31, 2023, are shown below for Demron Servicing. Required: o. Demron estimates that 2% of net credit sales will prove to be uncollectible. Prepare the adjusting entry required on December 31 . 2020, to estimate uncoltectible recelvables. b. During 2024, credit sales were $632,000 (cost of sales $414,370 ); sales discounts of $13,000 were taken when accounts receivable of $476,700 were collected; and accounts written off during the year totalled $10,800. Prepare the entries for these transactions. Journal entry worksheet 4 Record the credit sales during 2024. Note: Enter debrts before credis. c. Record the adjusting entry required on December 31,2024, to estimate uncollectible recelvables, assuming it is based on 2% of net credit sales. Journal entry worksheet Record the estimate for uncollectible accounts. Noker Enter debets before credits. d. Show how accounts recelvable would appear on the December 31. 2024, balance sheet