2. Entries for bad debt expense

A trial balance before adjustment included the following:

Debit Credit

Accounts receivable $800,000

Allowance for doubtful accounts $10,200

Sales $3,250,000

Sales returns and allowances 50,000

Give journal entries assuming that the estimate of uncollectibles is determined by taking (1) 6% of gross accounts receivable and (2) 1% of net sales.