18:32 ences At December 31, a company reports the following results for its calendar year. Credit sales Cash sales $ 3,103,000 $ 1,398,250 Also, its unadjusted trial balance includes the following items. Accounts receivable $940,209 debit Allowance for doubtful accounts $ 14,780 credit Required: a. Prepare the adjusting entry to record Bad Debts Expense assuming uncollectibles are estimated to be 4% of credit sales. b. Prepare the adjusting entry to record Bad Debts Expense assuming uncollectibles are estimated to be 3% of total sales. c. Prepare the adjusting entry to record Bad Debts Expense assuming uncollectibles are estimated to be 7% of year-end accounts receivable. View transaction list Journal entry worksheet 2 Bad debts are estimated to be 4% of credit sales. Note: Enter debits before credits. Transaction General Journal Debit Credit Help Journal entry worksheet < 1 2 3 Bad debts are estimated to be 4% of credit sales. Note: Enter debits before credits. Transaction a. General Journal Debit Credit Record entry Clear entry View general journal View transaction list Journal entry worksheet < 1 2 3 Bad debts are estimated to be 3% of total sales. Note: Enter debits before credits. Transaction b. General Journal Debit Credit Record entry Clear entry View general journal View transaction list Journal entry worksheet < 1 2 3 An aging analysis estimates that 7% of year-end accounts receivable are uncollectible. Note: Enter debits before credits. Transaction C. General Journal Debit Credit Record entry Clear entry View general journal