2 At December 31, Yarrow Company reports the following results for its calendar year from the adjusted trial balance. 5 6 7 Credit sales Cash sales Accounts Receivable Allowance for doubtful accounts credit balanc $2.300.000 1,050.000 295,000 750 9 a. Prepare the adjusting entry to record Bad Debts Expense assuming uncollectibles are estimated to be 1.1% of credit sales. 10 b. Prepare the adjusting entry to record Bad Debts Expense assuming uncollectibles are estimated to be.8% of total sales. 11 c. Prepare the adjusting entry to record Bad Debts Expense assuming uncollectibles are estimated to be 7.0% of year-end accounts re Credit 13 Date 14 December 31 Account Title Debit Bad Debts Expence Allowance for doubtful accounts 25,300 25,300 26.800 17 December 31 Bad Debts Expense Allowance for doubtful accounts 26,800 19,900 December 31 Bad Debts Expense Allowance for doutful accounts 14 Sheet1 New