This is for financial accounting

The September 30, 2017, records of Media Communications include these accounts Accounts Receivable Allowance for Doubtful Accounts (8,400) During the year, Media Communications estimates doubtful-account expense at 1% of credit sales. At year-end (December 31), the company ages its receivables and adjusts the balance in the Allowance for Doubtful Accounts to correspond to the aging schedule. During the last quarter of 2017, the company completed the following selected transactions (Click the icon to view the aging schedule.) (Click the icon to view the transactions.) Read the requirements. Requirement 1. Record the transactions for the last quarter of 2017 in the journal. Explanations are not required. (Record debits first, then credits. Exclude explanations from any journal entries.) Wrote off as uncollectible the $1,300 account receivable from Blue Carpets and the S400 account receivable from Rare Antiques Journal Entry Date Accounts Debit Credit oV 30 Adjusted the Allowance for Doubtful Accounts and recorded doubtful-account expense at year-end, based on the aging of receivables. Journal Entry Date Accounts Debit Credit Dec Requirement 2. Prepare a T-account for Allowance for Doubtful Accounts with the appropriate beginning balances. Post the entries from Requirement 1 to that account. Open the T-account by posting the beginning balance. Then post the entries to the Allowance for Doubtful Accounts T-account and calculate the ending balance Allowance for Doubtful Accounts Requirement 3. Show how Media Communications will report its accounts receivable in a comparative balance sheet for 2016 and 2017. Use the three-line reporting format. At December 31, 2016, the company's Accounts Receivable balance was $215,000, and the Allowance for Doubtful Accounts stood at $4,200. Media Communications Comparative Balance Sheet (partial) December 31, 2017 and 2016 2017 2016 Less