X Corporation follows ASPE. It is undergoing its first audit for the year ending September 30, 2017. It is now October 21, 2017 and the company's books have been closed. During the audit, you found the following: 1. X Corp. has no allowance for doubtful accounts. At the end of 2017, X Corp. is owed $4,200 by Y Corp, whose operations have been closed down due to poor business practices. No adjustment has been made for this amount. X Corp. estimates that an allowance for doubtful accounts of $39,480 is needed. During 2017, X Corp. wrote off $31,920 in receivables and it estimates that the ending balance in its 2016 allowance for doubtful accounts should have been $25,200. X Corp. has one capital asset: a cleaning system costing $29,400 with a carrying amount of $17,493. The asset has been depreciated using a CCA rate of 30% in the two years prior to 2017. The asset's useful life was estimated to be 10 years at the time of purchase. X Corp wishes to change to a straight-line approach and now believes the asset will be of use for four years after the 2017 year-end with no residual value. Depreciation was not recorded for 2017. X Corp. purchased a computer on January 1, 2017 for $2,400. It expensed this amount immediately. The computer will not need to be replaced for two more years. 3. What are the journal entries assuming the books are closed? Finding 1: $?????? Retained Earnings Allowance for Doubtful Accounts Accounts Receivable $?????? $4,200 Finding 2: $?????? ?????? ?????? $?????? Finding 3: $2,400 ?????? Retained Earnings $2,400 $800 Retained Earnings Accumulated Depreciation - Equipment $800 What are the journal entries assuming the books are open? Finding 1: Bad Debt Expense ?????? Accounts Receivable Allowance for Doubtful Accounts $18,480 $?????? $4,200 $?????? Finding 2: $?????? Accumulated Depreciation - Equipment ?????? $?????? Finding 3: $?????? Depreciation Expense Accumulated Depreciation - Equipment $?????? Need help with the missing components