With headings into your answers. Specific instructions boxes below each question. For some questions, it is advinable to bulld tatiles these questions. Recommended time to complete is in red at the start of surestions THE FOLLOWING BACKGROUND INFORMATION RELATES TO QUESTIONS 1 AND 2 Absolute Seller Ltd sells computer hardware on credit to Australian education sector customers. The Finance Director is unsure which bad debt allowance estimate policy Absolute Seller Ltd should adopt for the period ended 30 June 2022 and seeks your advice. You have identified the opening balance of the allowance for doubtful debts account in Absolute Seller Ltd's financial statements on 1 July 2021 was $3,775 credit. Question 1 3 pts Recommended time to complete: 7 minutes The Finance Director has provided Recommended time to complete: 17 minutes Director has provided you the below Absolute Seller Ltd projected aged analysis of acrounts receivable as at a0 June 2022. Part A (4 marks) Required: Using the ageing of accounts receivable method, prepare the adjusting allowance for doubtful debts journal entry that would be recognised at 30 June 2022. Ignore GST and show all calculation workings. Note: In your answer it is advisable to build a table with headings. Below is a suggested form of presentation. Use the table tool ( - ) to build the table and enter your answer into the table. Additional lines maybe equired. Workings can be shown below the table