The December 31, 2021. balance sheet of the Whisperine. Winds Corp. Mad Accounts Receivable of $700.000 and a creclit balance in Allowance for Doubtful Accounts of $34,000. During 2022. the following transactions occurred: sales of account $1.608,000, sales retums and allowances $181.000 collections from cusumers. $2,307,000; .courils willen bil, $35.000:previously willen of accounts of $8.000 were collected. Your wer is correct Journalize the 2022 transactions. (Credit account titles are automatically indented when the amount is entered. Do not inderit manually.) Account Titles and Explanation Debit Credit Recourts Receivable 1000000 Sal Revenue 1009000 (To retard credil sales) Sales Returns and Allowances 101000 Accounts Recchable 191000 (To record credits to custurners) 1907000 Accounts Recchable 190/000 (To record collecliun of receivable) Allowance for Doubtful Accounts 9.00 Accounts Rectable 35000 (To write vil specili axurils) Prourts Receivable 0000 Allowance tor Doubtful Accounts (To reverse wil ull ul count) Accounts Receivable 9000 (To record collection of o unt) Allowance for Doubt Account 35,000 Aucers Revalle (To write off specific accounts) Accounts Receivable (To reverse write-off of account) Mccounts Receivable 0000 To record collection of account) e Textbook and Media List of Accounts - Your answer is partially correct. If the company uses the percentage of receivables basis to estimate bad debt excense and determines that uncollectible accounts are expected to be 8% of accounts receivable. what is the adjusting entry at December 31, 2022 (Credit account titles are automatically indented when the amount is entered. Do not inderat morally Date Account Titles and Explanation Debit Credit Dec 31 Bad Del Expense 20 Awarcator bajo Accounts