Use the following information to prepare a bank reconciliation for Magee Company at October 31, 2018: Cash account balance, $18.273.40. Bank statement balance, October 31, $16,315.00. Deposits in transit 52,800.00 Outstanding checks, October 31, $1,850.80. Service charge on bank statement not recorded in books, $44,00 Bankerror- another company's check charged on Magee Company's bank statement, $245.20. Check for repairs expense, $1,680, incorrectly recorded in boolcs as $960.00 Bank Reconciliation Bank Side Book Side Journal Account Name Date Debit Credit 1 of Victoria Market reports an analysis of potential losses in its accounts receivable in the chart below. The balance of Allowance for Doubtful Accounts is $100 credit balance on December 31, 2018 before any year-end adjustments. REQUIRED: a. Compute bad debts expense that will be recorded for 2018. b. Record the adjusting journal entry to recognize bad debt expense for 2018 c. What is the amount of net accounts receivable to be reported on Victoria Market's December 31, 2018 balance sheet? Age Past Due 0-30 days past due 31-60 days past due 61-90 days past due Over 90 days past due Total A/R Total $44.800 20.000 12,000 2.200 $79.000 Estimated Loss 0.50% 1.80% 4.30% 45.50% Show Your Calculations & Journal Entry Below 2 of 4 as On January 10, 2017, Badger Ca purchased 30% of the outstanding stock of Crest Co. for $123,000. Crest paid total dividends to all shareholders $15,000 on July 15, 2017. Crest Coada net loss of $25,000 for the year ended December 31, 2017 REQUIRED 1 - Journalise the entry to record the purchase of Crest Costock 2 - Journaline the entry to record the receipt of dividende 3 - Journalize the entry to record the equity Investment loss in Crest Co stock 4 - Compute the balance of investment in Crest Ca Stock for December 31, 2017 Journal Entries Account Name Date Debit Credit 4 of 4 VR