XYZ reported Accounts Receivable of $100,000 and Allowance for Bad Debt of $680 (debit balance) at the end of year prior to all adjustments. Management estimates $3,000 of the Accounts Receivable to be uncollected. Required 1. Assuming XYZ uses the aging method to estimate bad debt expense prepare the general journal entry required to record the end of period expense. 2. Show the balance sheet presentation of Accounts Receivable after all adjustments have been posted..