this entries is incorrect. Dec. 17 Cash 2,450 Sales Discounts 50 Accounts Receivable. 2,500 (To record collection of 1214 sales, terms 2/10, 1/30) 20 Cash 20,225 Notes Receivable 20,000 Interest Revenue 225 (Collection of $20,000, 4.5%, 90 daynote dated Sept 21. Interesthad been accrued through Nov. 30.) 27 Cash 780 Bad Debt Expense.... 780 (Collection of account previously written offas uncollectible under allowance method) 31 Bad Debt Expense.... 400 Allowance for Doubtful Accounts. 400 (To recognize estimated baddebts based on 1% of net sales of $400,000) Instructions Prepare the correcting entries