From above information Please answer below question

Part a Aging Schedule Method:
Show your computations below:
i) Gross Accounts receivable
ii) Allowance for Uncollectable Accounts
iii) AR Net Realizable Amount
iv) Bad debt expense
v) Estimated $ of uncollectable a/C over 90 days
Part b Percentage of Credit Sales Approach:
Show your computations below:
i) Gross Accounts receivable
ii) Allowance for Uncollectable Accounts
iii) AR Net Realizable Amount
iv) Bad debt expense
v) Bad debt expense if increased to 3%

Example Problem 1 - Estimating Uncollectible Accounts Expense: Aging Schedule Method v. Percentage-of-Credit-Sales Approach Carmichael Company is considering two alternative approaches to estimate uncollectible accounts expense for the current year: the Aging Schedule Method and the Percentage-of-Credit Sales Approach. The Allowance for Doubtful Accounts before adjustments at December 31 showed a credit balance of $2,400. For the Aging Schedule Method the following year-end aging of the accounts receivable was prepared: The company estimated the percentages uncollectible listed above based on past experience. For the Percentage-of-Credit-Sales the company estimates that uncollectible accounts will average 2% of net sales. Net Sales for the current year are $218,000. Instructions a. Aging Schedule Method: Compute the estimated amount of uncollectible accounts based on the above aging schedule and prepare the December 31 adjusting entry needed to bring the Allowance for Doubtful Accounts to the proper amount. Also, show the yearend balance sheet presentation of Accounts Receivable and Allowance for Doubtful Accounts. b. Percentage-of-Credit-Sales Approach: Compute the estimated amount of uncollectible accounts using management's estimate that uncollectible accounts will average 2% of ne sales and prepare the December 31 adjusting entry