Some Company uses the allowance method for handling receivables. Total Sales for the year were $950,000 ( 5650,000 credit sales and $300,000 cash sales). The unadjusted balance for Accounts Receivable was is $98,000 debit balance and Allowance for Doubtful Accounts $1,875 DEBIT balance. For each unrelated situation below, provide the Dec 31 adjusting entry for Bad Debt Expense, post the entry to T-accounts, and show how accounts receivable would appear on the balance sheet. a) Some company estimates that 3\% of credit sales will be uncollectible. b) Some Company estimates that 6% of accounts receivable will be uncollectible