AT&T 14:25 a uncc.instructure.com ecture Assignment mu Courses URCES Exercise 8-4 The ledger of Sunland Company at the end of the current year shows Accounts Receivable $76,600; Credit Sales $762,400; and Sales Returns and Allowances $42,520. If Sunland Company uses the direct write-off method to account for uncollectible accounts, journalize the adjusting entry at December 31, assuming Sunland Company determines that Matisse's $963 balance If Allowance for Doubtful Accounts has a credit balance of $1,179 in the trial balance, journalize the adjusting entry at December 31, assuming bad debts are expected to be 11% of accounts receivable. t If Allowance for Doubtful Accounts has a debit balance of $550 in the trial balance, journalize the adjusting entry at December 31, assuming bad debts are expected to be 8% of accounts receivable. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) (40 Ik