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1. Provision for doubtful debts is to be increased to 2% of account receivable. * (2 Points) Samar Company has the following balance on Dec

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1. Provision for doubtful debts is to be increased to 2% of account receivable. * (2 Points) Samar Company has the following balance on Dec 31,2019: Credit Sale BD 950,000 Cash sale BD 700,000 Accounts Receivable BD 150,000 Provision for doubtful debt BD 180 Required: . Record the bad debts expense for the year using each of the following methods for the estimate: Bad debts expenses is estimated to be 1% of sale on credit Calculate the allowance for doubtful accounts using the credit sales method." (2 points) Enter your

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