the december 31, 2001 balance sheet had accounts recievable of 500,000 and a credit balnace in allowances for doubtful accounts of 33,000. during 2002 the following transactions occurred sales on account 1,400,000, sales returns and allowances 50,000, collections from customers 1,250,000, accounts written off 35,000 previously written off accounts of 4,000 were collected

a. jouranalize transactions for 2002


b. if the comapny uses the percentage of slase basis to estimate bad debts expense and anticipates 2% of net sales to be uncollectible what is the adjusted entry at december 31 2002.

c. if the comapnay uses the percentage of recievables babis to estimate bad debts expense and determines that uncollectable accounts are expected to be 4% of accounts recievable what is the adjusted entry at december 31 2002