00 December 3, Folgens Coffee Company reports the following results for its calendar year 0.24 pos $ 900, 30.000 Cats is year end unausted trial balance includes the following items $191,00 Accounts receivable Alliance for doubtful counts Prepare the adjusting entry to record bad debts expense assuming uncollectibles are estimated to be (1) 5 of credit sales, (2) 3% of total sales and (3) 8% of year-end accounts receivable References View transaction Journal entry worksheet > A B C Record Bad Debts Expense assuming uncollectibles are estimated to be of credit sales to the discret General Journal Detin Credit Taction 1 its year end unadjusted trial bance includes the following items Accounts receta Allen for foubtful accounts $131,000 t 5.600 debit Prepare the adjusting entry to record bad debts expense assuming uncollectibles are estimated to be (1) 5% of credit sales, (2) acor total sales and (318% of year-end accounts receivable, Befences Www transactionist Journal entry worksheet Record Bad Debts Expanse assuming uncollectibles are estimated to be 34 of total sales Note: terebit credit D Tron 2 8 At December Folgeys Conlee Company reports the following results for its Calendar yem $ 02 DO Castales Credits the year end unausted trial balance includes the following items Accounts receivable Allowance for doubtful anunta $131,00debe Prepare the adjusting entry to record bad debts expense assuming uncollectibles are estimated to be (1) 5% of credit sales.12). total sales and (3) 8% of year-end accounts receivable References Vww.transaction inst Journal entry worksheet