The December 31, 2017 statement of financial position of Ocelot Machines has Accounts Receivable of 19,780, Inventory of 19,400; Allowance for doubtful accounts of 800; Cash Y13,100; Share Capital Ordinary Y20,000; retained Earnings of *12,730; and Accounts payable of\8.750 .Ocelot uses the perpetual inventory method. During December 2017, the following I. Ocelot accepted a 4-month, 8% note from Leon pic in payment of Leon's \1,500 account on Dec. 1, 2018. 2. Ocelot wrote off as uncollectible the accounts of winn Ltd. (X450) and Dixie Co. (8330). 3. Ocelot purchased Y17,200 of inventory on account. 4. Ocelot sold for Y25,000 on account inventory that cost *17,500 5. Ocelot collected 22,900 from customers on account. 6. Ocelot paid Y16,300 on accounts payable. 7. Ocelot received payment in full on Winn on the account written off in #2. 8. Ocelot purchased supplies for 1,400 cash. 9. Ocelot paid other operating expenses, 3,218. 10. Record interest for the month on the note in #1 11. A count of supplies on Dec. 31, 2018 reveals that Y570 remains unused. 12. If the company uses percentage of sale basis to estimate bad debts expense and anticipates 4.1% of net sales to be uncollectible, what is the adjusting entry on December 31, 2018? 13. If the company uses percentage of receivables basis to estimate bad debt expense and determines that uncollectible are expected to be 5% of accounts receivable, what is the adjusting entry at December 31, 2018? +Journalize the transactions Account Name Debit Credit 6