Question 2 Continuing with Example 1 but ASSUMING that relevant account balances are: accounts receivable. Year 1 Sales revenue $ 990,000 December 31, Year 1 accounts receivable balance 102,000 December 31, Year 1 allowance for doubtful accounts balance (438) Bad debts estimation method: 1.2% of sales revenue. o Debit balance Required: A. Give the needed adjusting entry at December 31, Year 2 to provide for uncollectible accounts. B. Compute the NET accounts receivable amount that would appear on the December 31, Year 2 balance sheet