Give journal entries assuming that the estimate of uncolle

Give journal entries assuming that the estimate of uncollectibles is determined by taking (1)6% of gross accounts receivable(Credit account titles are automatically indented when the amount is entered.Do not indent manually.) (2)2% of net sales.(Credit account titles are automatically indented when the amount is entered.Do not indent manually.) If the fund earns8% interest how much must Amy invest today?(Round factor values to 5 decimal places e.g. 1.25124 and final answers to 0 decimal places e.g. 458581.)

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