TB MC Qu. 05-157 (Algo) Netherland Corporation has the following.. Netherland Corporation has the following unadjusted balances Accourds Receiable, 587000 (deblll and Alowince for Soles Discounts 5370 fredin or me recevables. 357000 of them are within the 25 discount period, and Nethertand expects beyers to take 51,140 in future period disconints is57000 - 2 all arbing from this periad's sales. The adjunting entry or entries to estimate siles discounts is (arok Mirtive Oricice \begin{tabular}{|c|c|c|} \hline \multicolumn{1}{|c|}{ Account Title } & Debit & Credit \\ \hline Sales Discounts & 770 & \\ \hline Allowance for Sales Discounts & & 770 \\ \hline \end{tabular} \begin{tabular}{|c|r|r|} \hline \multicolumn{1}{|c|}{ Account Title } & Debit & Credit \\ \hline Sales Discounts & 1,140 & \\ \hline Accounts receivable & & 1,140 \\ \hline \end{tabular} \begin{tabular}{|c|r|r|} \hline \multicolumn{1}{|c|}{ Account Title } & Debit & Credit \\ \hline Sales Discounts & 1,140 & \\ \hline Allowance for Sales Discounts & & 1,140 \\ \hline \end{tabular}