Travel Today, disclosed the following rounded amounts (in millions) concerning the Allowance for Doubtful Accounts on its Form 10-K annual report. Year 2018 2017 2016 Allowance for Doubtful Accounts Beginning Balance $ 32 26 28 (dollars in millions) Increases for Bad Debt Expense $ 20 21 10 Decreases for Write-Offs $ 7 15 12 Ending Balance $ 35 32 26 Required: 1-a. Prepare a T-account for the Allowance for Doubtful Accounts and enter into it the 2016 amounts from the above schedule. The balance at the beginning of each year in the Allowance for Doubtful Accounts is a credit balance. 1-b. Write the T-account in equation format to prove the above items account for the changes in the account. 2. Record summary journal entries for 2017 related to (a) estimating Bad Debt Expense and (b) writing off specific customer account balances. 3. Supply the missing information for 2018. 4. If Travel Today had written off an additional $21 of Accounts Receivable during 2018, by how much would Net Receivables have decreased? How much would Net Income have decreased? Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 2 Req 3 Req 4 Prepare a T-account for the Allowance for Doubtful Accounts and enter into it the 2016 amounts from t balance at the beginning of each year in the Allowance for Doubtful Accounts is a credit balance. (Enter millions.) Debit Beginning Balance Ending Balance Allowance for Doubtful Accounts Credit Req 1A Req 1B Req 2 Req 3 Req 4 Write the T-account in equation format to prove the above items account for the changes in the account. in millions.) Beginning Balance Ending Balance Record summary journal entries for 2017 related to (a) estimating Bad Debt Expense and (b) writing off specific customer account balances. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Enter your ans In millions.) View transaction list Journal entry worksheet 1 2 Record the adjusting entry in 2017 for bad debts. Note: Enter debits before credits. Transaction General Journal Debit Credit