The ledger of the Ramirez Company at the end of the current year shows Accounts Receivable of $150,000. Use the following to answer this question. Account Title, DR, 5,234/Account Title, CR 1,234 Instructions (a) If Allowance for Doubtful Accounts has a credit balance of $3,000 in the trial balance and bad debts are expected to be 8% of accounts receivable, journalize the adjusting entry for end of the period. (b) If Allowance for Doubtful Accounts has a debit balance of $3,000 in the trial balance and bad debts are expected to be 8% of accounts receivable, journalize the adjusting entry for end of the period. Judah Inc. uses the periodic inventory method and had the following inventory information available: 1/1 Beginning Inventory 80 @ $4 1/20 Purchased 500 @ $7 1/26 Purchased 100 @ $8 1/30 Purchased 300 @ $10 A physical count of inventory on December 31 revealed that there were 346 units on hand. What value would be assigned to inventory using FIF0? Round to the.nearest whole dollar use a comma if needed. DO NOT PUT A DOLLAR SIGN IN YOUR