5 points 7 00:31:57 Skipped At December 31, a company reports the following results for its calendar year. Cash sales Credit sales Its year-end unadjusted trial balance includes the following items. Accounts receivable Allowance for doubtful accounts $ 76,000 debit 1,000 credit Prepare the adjusting entry to record bad debts expense assuming uncollectibles are estimated to be to be 2.5% of credit sales. View transaction list $ 188,000 275,000 Journal entry worksheet A Record bad debts expense assuming uncollectibles are estimated to be 2.5% of credit sales. W Note: Enter debits before credits. Transaction 1 General Journal Debit Credit

An Decwimber 21, a compary repents the followime resiats for its calenitar veat. cosb atlen costis ines 1. 1 res;000 225,000 Ifs yeatevid unachusted triat balsnce inciudes the following ftems Arrisentis revefwahle Arcinentis reicetyabie Prepare the adjusting eritry to record bad deht expense assuming uncalfectibles are estimated to be to be 2.5N of credit sales. Journal entry worksheet Ferord band debts expenset assuming uncolloctibles are estimated to be 2.5% of credit sales Note: Enter detus berore rredits