Excel Construction LLC reports $$895,000$ in credit sales for $2018$ and $$802,000$ in $2019.$ It has a $$675,000$ accounts receivable balance at the end of $2018,$ and $$680,000$ at the end of $2019.$ Excel uses the income statement method to record bad debit estimation at $1\%$ of credit sales.

$1.$ Prepare the adjusting entry for bad debt and allowance for $2018.$

$2.$ Prepare the adjusting entry for bad debt and allowance for $2019.$

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If Excel were to use the balance sheet method to record bad debt estimation at $8\%$ during $2018.$ And its unadjusted balance for the Allowance account was $$1,000.$

$3.$ Prepare the adjusting entry for bad debt and allowance for $2018.$