The ledger of Kingbird, Inc, at the end of the current year shows Accounts Receivable $80,600; Credit Sales $859,830; and Sales Returns and Allowances $37,000. tal (6) If Kingbird, Inc. uses the direct write-off method to account for uncollectible accounts, journalize the adjusting entry at December 31, assuming Kingbird, Inc determines that Matisse's $877 balance is uncollectible. If Allowance for Doubtful Accounts has a credit balance of $1,069 in the trial balance, journalize the adjusting entry at December 31, assuming bad debts are expected to be 10% of accounts receivable. If Allowance for Doubtful Accounts has a debit balance of 5500 in the trial balance, journalize the adjusting entry at December 31, assuming bad debts are expected to be 8% of accounts receivable. Ic Credit account titles are automatically indented when amount is entered. Do not indent manually)