three Choose the correct answer: 1- On 31/12/2020, ABC Company estimated bad debt percentage as 2.5% of account receivable whose debit balance is 100,000 SAR and that "allowances for doubtful accounts" has a debit balance of 1,500 SAR. On 31/12/2020, the entry in the journal is a- Debit bad debt expense for 4,000 and credit allowances for doubtful accounts for 4,000 b- Debit bad debt expense for 1,000 and credit allowances for doubtful accounts for 1,000 c- Debit bad debt expense for 1000 and credit account receivables for 1,000 d- Debit bad debt expense for 4,000 and credit account receivables for 4,000 2- On 5/1/2021, MSN Company writes off as uncollectible 25% of its accounts receivable whose debit balance is 8,000 SAR. The account "allowances for doubtful accounts" has a debit balance of 4,000 SAR. On 5/1/2021, the entry in the journal is a- Debit allowances for doubtful accounts for 1,000 and credit account receivables for 1,000 b- Debit allowances for doubtful accounts for 2,000 and credit account receivables for 2,000 c- Debit allowances for doubtful accounts for 4,000 and credit account receivables for 4,000 d- Debit allowances for doubtful accounts for 8,000 and credit account receivables for 8,000 3- On 10/1/2021, XYZ Company writes off as uncollectible 1% of its accounts receivable whose debit balance is 50,000 SAR. On 10/2/2021, one of the customer pays its debt 2,000 SAR, which XYZ Company had written off on 10/1/2021. Before recording the increase in cash, XYZ Company recorded the following entry a- Debit allowances for doubtful accounts for 500 and credit account receivables for 500 b- Debit account receivables for 500 and credit allowances for doubtful accounts for 500 c- Debit account receivables for 2,000 and credit allowances for doubtful accounts for 2,000 d- Debit account receivables for 20 and credit allowances for doubtful accounts for 20