please answer. E8-1A, E8-2A, E8-3A

-1A. Credit Losses Based on Credit Sales Gregg Company uses the allowance method for recording its expected credit losses. It estimates credit losses at three percent of credit sales, which were $900,000 during the year. On December 31 , the Accounts Receivable balance was $150,000, and the Allowance for Doubtful Accounts had a credit balance of $12,200 before adjustment. a. Prepare the adjusting entry to record the credit losses for the year. b. Show how Accounts Receivable and the Allowance for Doubtful Accounts would appear in the December 31 balance sheet. Credit Losses Based on Accounts Receivable Hunter. Inc., analyzed its accounts receivable balances at December 31 , and arrived at the aged balances listed below, along with the percentage that is estimated to be uncollectible: The company handles credit losses using the allowance method. The credit balance of the Allowance for Doubtful Accounts is $820 on December 31 , before any adjustments. a. Prepare the adjusting entry for estimated credit losses on December 31 . b. Prepare the journal entry to write off the Rose Company's account on April 10 of the following year in the amount of $650. 3A. Recognizing Accounts Receivable On June 7. Pixer Co. sells $1.500 of merchandise to Jasmine Co on account. Jasmine Co. pays for this merchandise on June 21. a. Prepare the entry on Pixer's books to record the sale. b. Prepare the entry on Pixer's books to record the receipt of payment