QUESTION THREE The ledger of Daniel Hagari Company at the end of the current year shows Accounts Receivable K$120,000,$ Sales Revenue K$840,000,$ and Sales Returns and Allowances K$30,000.$ Instructions $($a$)$ If Daniel Hagari uses the direct write$-$off method to account for uncollectible accounts, journalize the adjusting entry at December $31,$ assuming Daniel Hagali determines that L$.$ Doreen$$s K$1,500$ balance is uncollectible. $[2$marks$]($b$)$ If Allowance for Doubtful Accounts has a credit balance of K$2,200$ in the trial balance, journalize the adjusting entry at December $31,$ assuming bad debts are expected to be $($i$)2\mathrm{.}5\%$ of net sales $[2$marks$]($ii$)10\%$ of accounts receivable. $[2$marks$]($c$)$ If Allowance for Doubtful Accounts has a debit balance of K$300$ in the trial balance, journalize the adjusting entry at December $31,$ assuming bad debts are expected to be $($i$)1\mathrm{.}75\%$ of net sales $[2$marks$]($ii$)6\mathrm{.}5\%$ of accounts receivable. $[2$ma