00o Sprint 7:01 PM @ 21%D Done Photo (15 points each) 26. Entries for bad debt expense. A trial balance before adjustment included the following Debit $120,000 Accounts receivable Allowance for doubtful accounts Sales Sales returns and allowances 730 $510,000 8,000 Give journal entries assuming that the estimate of uncollectibles is determined by taking (1) 5% of gross accounts receivable and (2) 1% of net sales