Problem 2 (10 points) Table 9.2 The following information is from the 2019 records of Rawhide Leather Products. $330,000 (debit) Accounts Receivable, December 31, 2019 Allowance for uncollectible accounts, December 31, 2019 prior to adjustment Net credit sales for 2019 Accounts written off as uncollectible during 2019 Cash sales during 2019 4,500 (credit) 1,500,000 25,500 270,000 1) Refer to Table 9.2. Uncollectible accounts expense is estimated by the percent-of-sales method. Management estimates that 2% of net sales is uncollectible. What will be the amount of uncollectible accounts expense? 2) Refer to Table 9.2. Uncollectible accounts expense is estimated by the aging-of-accounts-receivable method. Management estimates that $35,000 of accounts receivable will be uncollectible. What will be the amount of uncollectible accounts expense? 3) Refer to Table 9.2. Uncollectible accounts expense is determined by the direct write-off method. What will be the amount of uncollectible accounts expense? 4) Refer to Table 9.2. Uncollectible accounts expense is estimated by the percent-of-sales method. Management estimates that 2% of net sales is uncollectible. What will be the adjusting entry to record uncollectible accounts expense for 2009? 5) Refer to Table 9.2. Uncollectible accounts expense is estimated by the aging-of-accounts-receivable method. Management estimates that $35,000 of accounts receivable will be uncollectible. What will be the journal entry to record uncollectible accounts expense under the allowance method? b) Refer to Table 9.2. Uncollectible accounts expense is determined by the direct write-off method. What will be the journal entry to record uncollectible accounts expense