See Problem E8-5 (a) Direct write-off method Debit Credit General Journal Date Account Titles 12/31/20 Accounts Receivable (b) Allowance method General Journal Date Account Titles 12/31/20 Bad debt expense Allowance for Doubtful Accounts Debit Credit $7,800 balance needed, $1,100 in unadjusted trial balance (c) Allowance method General Journal Date Account Titles 12/31/20 Debit Credit $6,240 balance needed, $200 debit in account Journalize entries to record allowance for doubtful accounts using na different bases . What is the net realizable value of the receivables at the end of the period? E8.5 (LO2), AP The ledger of Macarty Company at the end of the current year shows Accounts Receiv able $78,000, Credit Sales $810,000, and Sales Returns and Allowances $40,000 Instructions a. If Macarty uses the direct write-off method to account for uncollectible accounts, journalize the entry at December 15 if Macarty determines that Matisse's $900 balance is uncollectible. b. If Allowance for Doubtful Accounts has a credit balance of $1,100 in the trial balance, journalize the adjusting entry at December 31, assuming uncollectibles are expected to be 10% of accounts receivable. c. If Allowance for Doubtful Accounts has a debit balance of $500 in the trial balance, journalize the adjusting entry at December 31, assuming uncollectibles are expected to be 8% of accounts receivable