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2Caleae ate Poowing lnfomation, prepare the necensaryoumal arye Information, prepare the necessary Journal Entryles) ecessary Journal EntryCes) o Calculations (16 pts) Sales Revenue (Credit) Accounts

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2Caleae ate Poowing lnfomation, prepare the necensaryoumal arye Information, prepare the necessary Journal Entryles) ecessary Journal EntryCes) o Calculations (16 pts) Sales Revenue (Credit) Accounts Receivable (Debit) Allowance For Doubtfal Accounts (Debit) 590300 $10,000 Under the Percent of Sales Method, record the Journal Entrie(s) to record Bad Debts assuming the Bad Debt Percentage is 2% a) Allowance 10000 ba& deot 36,400 b) Using the information from part a), record the Journal Entryes) for the Write-Or o0s of $1,235 Sale: Acc rec sale 590,000 cash 11233 bed daot 30,460 31 33 c) Using the information from part b), record the Journal Entry(ies) for the collection of $500 of the amount Written-Off Cosh 560 500 hect rec

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