UVW Limited (UVW) sells its products on credit, which is a normal business practice in the industry. The table below presents the information relating to the selected accounts (some accounting records might not be relevant to this question). The details of the accounting transactions$Cash sales during the year$361 112Cash sales return and allowances during the year$202 584Credit purchases during the year$343 057Credit purchase return during the year$17 153Credit sales during the year$601 854Credit sales returns and allowances during the year$50 623Accounts receivable (balance 30 June 20X9)$183 650Allowance for doubtful debts (credit balance 01 Jul 20X8)$844 In the past, the companys yearly bad debt expense had been estimated at 3% of net credit sales revenue. It was decided to compare the current method with an ageing of the accounts receivable method. The following analysis was obtained with respect to the accounts receivable. Nature of A/RAgeBalance% of estimated uncollectableNot yet due $98,7710.50%Overdue10-30 days$34,31102% 31-60 days$24,74910% 61-120 days$14,28725% 121 days and over$11,53140% Required: Show the journal entries (s) to record the allowance for doubtful debts at 30 June 20X9 under the net credit sales method. Using the T account, determine the Allowance for Doubtful Debts account balance under the net credit sales method. Show the journal entrie(s) to record the allowance for doubtful debts at 30 June 20X9 under the ageing of accounts receivable method. Using the T account, determine the Allowance for Doubtful Debts account balance under the ageing of accounts receivable method