Question 2 (25 Marks) A. 1 mark for each journal entry line: Correct account (0.5) and Correct Amount (0.5) - Note: if the account is correct and amount but placed wrong as a debit/credit (0 mark) B. 1 mark for each entry in the Ledger Account (T-Account): Correct amount (0.5) and correct debit/credit (0.5) - 1 mark for correct ending balance for each ledger account. 1 mark for correct amount for Net Accounts Receivable. Fall Company has an Accounts Receivable balance of $65,000 as of July 31, 2018. Before the month end adjustment, Allowance for Doubtful accounts has a credit balance of $11,000. Credit sales during the month were $55,000 with collections on account of $45,000. Fall Company estimates bad debt expense to be $13,000 for the month. Write-off of uncollectible receivables totaled $3,100 and an account of $1000 was recovered. Required A. Journalize sales, collections, write-offs of uncollectibles, recovery of accounts receivable and bad debt expense by the allowance method for December. Explanations are not required. B. Calculate the ending balances in Accounts Receivable, Allowance for Doubtful Accounts (T-Accounts) and Net Accounts Receivable. To Assist: In Moodle under TEMPLATES: Can use General Journal for the journal entries for A. and T-Accounts for B