Swiss Supplies showed the following selected justed balances et lis December 31, 2019. your end Acts Receivable Dec. 31/19 Balance Allowance for Doufal Accounts 16,400 Deo JI/19 Balance 490.000 During 2020, the following selected transactions occurred: Sales totalled $2,800.000, of which 25% were cash sales (cost of sales $1,804,000). Sales returns were $108,000, hall regarding credit sales. The returned merchandise was scrapped. c. An account for $24,000 was recovered. Several accounts were written off: $26.000 Collections from credit customers totalled $1.790.000 (excluding the recovery in (e) above), Part A Required 1. Journalize transactions (a) through (e). You may find it useful to post your entries to accounts for Accounts Receivable and Allowance for Doubtful Accounts Part Required 2. Prepare the December 31, 2020, adjusting entry to estimate bad debts assuming that collectible accounts are estimated to be 18 of niet Credit sales 3. Show how accounts receivable will appear on the December 31, 2020, balance sheet. 4. What will bad debt expense be on the income statement for the year ended December 31, 2020) Part C independent of Part ) Required 5. Prepare the December 1, 2020. adjusting entry to estimate bad debts assuming that uncollectible accounts are estimated to be 35 of outstanding receivables. 6. Show bow accounts receive will appear on the Decembe JI 2020. balance sheet 7. What will bad debit pense be on the income statement for the year ended December 2009