Selected unadjusted account balances at December 31, 2023, are shown below for Demron Servicing. Required: a. Demron estimates that 4% of net credit sales will prove to be uncollectible. Prepare the adjusting entry required on December 31 , 2020 , to estimate uncollectible recelvables. Journal entry worksheet Record the estimate for uncollectible accounts. b. During 2024 , credit sales were $680,000 (cost of sales $445,850 ); sales discounts of $17,000 were taken when accounts recelvable of $623,500 were collected; and accounts written off during the year totalled $14,000. Prepare the entries for these transactions. Journal entry worksheet Note: Enter debits before credits. c. Record the adjusting entry required on December 31,2024 , to estimate uncollectible recelvables, assuming itis based on 4% of net credit sales. Journal entry worksheet Record the estimate for uncollectible accounts. Note: Enter debits before credits: d. Show how accounts receivable would appear on the December 31,2024 , balance sheet