The following information is available for Border Limited, which adjusts and closes its accounts at the end of each calendar year: Accounts receivable at 31 December, 2022 Allowance for doubtful accounts at 31 December, 2022 Credit sales during 2023 Collections during 2023 (not including write-off recoveries) Accounts receivable written off during 2023 Write-offs recovered in cash during 2023 $500,000 $80,000 $4,000,000 $3,000,000 $90,000 $20,000 As a result of a review on 31 December, 2023, it has been determined that 2% of the accounts receivable balance on that date is estimated to be uncollectable. Q2(a): Prepare the general journal entries to record the accounts receivable 'write-offs' and the 'write-off recoveries' for 2023. Label Debit accounts with "Dr" and Credit accounts with "Cr". For example: (Dr) Asset $XXXXX, (Cr) Revenues $XXXXX. Ignore GST & narrations, fill in your answer here. [Q2(a) = 3 marks] Q2(c): By applying the Conceptual Framework, discuss how accounts receivables are reported in financial statements in relation to the allowance method's approach to valuing receivables, fill in your Q2(b): Prepare the adjusting journal entry required on 31 December, 2023 for the 'Allowance for Doubtful Accounts'. Label Debit accounts with "Dr" and Credit accounts with "Cr". For example: (Dr) Asset $XXXXX, (Cr) Revenues $XXXXX. Show all your workings. Ignore GST & narrations, fill in your