$42.000 Required wer of Dallas Company begin accounting for bad debts expense. Assume that Datas Company has total revenues of $79.000 during 2019 and the Accounts Receivable Dance on December 31 2018, 1.Prepare the adjusting entry to record bad debts expense, which are estimated to be 3% of total sales on December 31, 2015 There is a zero unadjusted balance in the Allowance for Dout Accou December 31 2. Prepare the adjusting entry to record bad debts expense, which are estimated to be 5% of accounts receivatie on December 31, 2019. There is a zero unased balance in the Allowance for Doue Accounts December 31