these two questions are together

CDF 1 Conroe Company, uses the Percentage of Sales Method to calculate their accrual of Bad Debt Expense. 2. Using the data below, calculate the amount of Bad Debt Expense Adjustment needed 3 Only 3 months needed 5 Activity for 2016 Beginning Balance Credit Sales Accounts Receivable Activity Less: Bad Debt Collections Write-Off Ending Balance debit/credit) Allowance for Doubtful Accounts Beginning Accrued Bad Debt Ending Balance Expense Write-Off Balance 10 11 January 12 February 13 100,000 125,000 160,000 (75,000) (125.000) 150,000 (5,000) (15,000) 14 15 Using the Percentage of Credit Sales Method, calculate the amount of Accrued Bad Debt Expense for each of the above two months 16 The company estimates that 4% of the credit sales will be uncollectable. 17 Show the journal entries needed to record the above information. a nge 1 Core Sales M Ung the teamed DEA montaneeded A for Mecenate A Conso age of Cretes Medalhe amount of A as wil te collectie B Debutere for each of the above 1 Ung the 36 The company months