AaBbCel AaBbCel AaBbC AaBbCcC AaB AaBbCcD .A 1No Spac. Normal Heading 1 Heading 2 Title Subtitle Paragraph Styles NAME Project #2 PART A Using the Balance Sheet Equation, account for the following transactions: Image Supply: A) Image Supply sells $500,000 worth of services on account to various customers B) Image collects $300,000 from customers on account C) Image writes-off Customer D because they are unable to collect the accounts receivable; Customer D owes $1,000 (Image uses the Direct Write-Off Method) PART B Strand Corp uses the Allowance Method Using the Balance Sheet Equation, account for the following transactions 1) At 12/31/17, the balance in Strand Corps accounts receivable $175.000 and Strand estimates uncollectable accounts to be 10% of accounts receivable balance at 12/31/17 2) After #1 ABOVE, Strand writes-off a specific account that owes the company S10,000 #3) After # 2 above, show the co's Net Realizable Balance schedule at 12/31/17 NOTE: as always, show ALL your work for partial credit