The ledger of Sunland Company at the end of the current year shows Accounts Receivable $73,000, Credit Sales $819,000, and Sales Returns and Allowances $42,400. Prepare journal entries for each separate scenario below. (a) If Sunland Company uses the direct write-off method to account for uncollectible accounts, journalize the adjusting entry at December 31, assuming Sunland Company determines that Matisse's $1,100 balance is uncollectible. If Allowance for Doubtful Accounts has a credit balance of $1,300 in the trial balance, journalize the adjusting entry at December 31, assuming bad debts are expected to be 12% of accounts receivable. (c) If Allowance for Doubtful Accounts has a debit balance of $493 in the trial balance, journalize the adjusting entry at December 31, assuming bad debts are expected to be 10% of accounts receivable. (b) (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Debit Credit No. Account Titles and Explanation (a) (b) (c) eTextbook and Media List of Accounts Save for Later Attempts: unlimited Submit