The following accounts are taken from ABC Company's trial balance on September 1, 2021 which uses the allowance method to record its uncollectible accounts: Accounts Debit Credit Accounts receivable 30,000 Allowance for doubtful accounts 4,000 Sales $75,000 Sales discount 2,000 Sales returns and allowances 3,000 Prepare the journal entry required to: 1. Record bad debts if they are estimated at 5% of the accounts receivable. 2. Record bad debts if they are estimated at 7% of the sales. 3. Record the write-off for $1000