2 At the end of each year, Dutch Supply Co. uses the simplified balance sheet approache percentage of accounts receivable} 10 estimate bad debts. On December 31, 2020, it has outstanding accounts receivable of $165.000 and estimates the 35% will be uncollectible Required: a. Give the entry to record bad debt expense for 2020 under the assumption that the Alowance for Douberal Accounts as a $2.010 debit balance before the adjustment, 6 points View transaction fiest Journal entry worksheet Record the entry for estimated bad debts. Notenter debits before or Debe Cred General Journal Date December 31 2 b. Give the entry under the assumption that the Allowance for Doubtful Accounts has a $2.010 credit balance before the adjustment View transaction fist po Journal entry worksheet Record the entry for estimated bad debts, Det Cand eta bere General Journal Date December 31, 2020 Next >