mento Save & Sum Web Wizard Incorporated, has provided information technology Services for salears. For the two months of the current year, the company has used the percentage of credit sales method to estimate bad del Arte end of the quarter the company witched to the aging of accounts receivable method. The company entered into the following pabarst of transactions during the first quarter During January, the company provided services for $42.000 on credit On January 31, the company estimated bad debts using 1 percent of credit ile On February 4, the company collected $21000 of accounts receivable On February 15, the company wrote a $200 account receivable e. During February, the company provided services for $32,000 on credit On February 29, the company estimated bod debts using percent of credit sales On March 1, the company loaned $2,800 to an employee who signed a note, due in 6 months h On March 15, the company collected $200 on the account written off one month earlier On March 31. the company accrued interest eated on the note. On March 31 the company adjusted for uncollectible accounts, based on the following and analys which incides the preceding transactions as well as others not isted Prior to the adjustment Allowance for Doubtful Accounts as an unadusted credit balance of $1.220 Days 61 Over 12 17 $10 Total $200 424 17. 7. . 1,210 Tourite Bayling Others (not to save per XE X Tatal activable Extinte collectie 15 57. 11,210 $ 3.230 $8.18 13 Dental Required: 1. Formato analyze the transaction to determine effects on specific and statement counts and the overall accounting equition (Enter any decreases to Assets, Liabilities, or Stockholders Equity with a minus sign. Do not round Intermediate calculations) - 11 + f - 9 0 -