Question 4 20 points Save Answer For each of the following questions write the journal entry to record the transaction assuming Queen Company uses the Allowance method of accounting for Uncollectible (Bad Debts), a) An Aging of customer accounts indicates $30,000 of Accounts Receivable are uncollectible. The Allowance account has a credit balance of $500 credit balance, which of the following entries is used: b) $25,000, 12% 90 day note is received form a customer of account. c) A $1,000 balance in an individual customer's account is written off as uncollectible. d) Bad Debts for the year are estimated to be 5% of Net Sales, Net Sales are $100,000 and the Allowance account has a credit balance of $500 credit balance, which of the following entries is used: e) A $2,000 invoice from customer which was previously written off has since been paid