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Question 5 of 29 ./3E Current Attempt in Progress The ledger of Marigold Company at the end of the current year shows Accounts Receivable $80,000, Credit Sales $822,000, and Sales Returns and Allowances 540,300. Prepare journal entries for each separate scenario below. (a) (b) if Marigold uses the direct write off method to account for uncollectible accounts, journalize the entry at December 15 if Marigold determines that Matisse's $1,300 balance is uncollectible. Ir Allowance for Doubtful Accounts has a credit balance of $1,000 in the trial balance, journalize the adjusting entry at December 31, assuming uncollectibles are expected to be 10% of accounts receivable. If Allowance for Doubtful Accounts has a debit balance of $502 in the trial balance, journalize the adjusting entry at December 31, assuming uncollectibles are expected to be 9% of accounts receivable. (c) (Credit account titles are automatically Indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts) No. Date Account Titles and Explanation Debit Credit (0) (b) Ic