7 At December 31, Folgeys Coffee Company reports the following results for its calendar year Cash sales Credit sales311,000 911,000 10 points Its year-end unadjusted trial balance includes the following items Accounts receivable Allovance for doubtful accounts $136,000 debit 6,100 debit Prepare the adjusting entry to record bad debts expense assuming uncollectibles are estimated to be (a) 6% of credit sales, (b) 4% of total sales and (c) 9% of year-end accounts receivable. Hint Print View transaction list Journal entry worksheet Record Bad Debts Expense assuming uncollectibles are estimated to be 6% of credit sales. Note: Enter debits before credits. Transaction General Joumal Debit Credit At December 31, Folgeys Coffee Company reports the tollowing results for its calender year Cash sales 911,00 311,000 10 points Its year-end unadjusted trial balance includes the following items Accounts receivable $136,000 debit 6,100 debit eBook AlLovance for doubtful accounts Prepare the adjusting entry to record bad debts expense assuming uncollectibies total sales and (c) 9% of year-end accounts receivable. Hint are estimated to be a 6% of credit sales, b 4% of Print View transaction ist Journal entry worksheet Record Bad Debts Expense assuming uncollectibles are estimated to be 9% of year-end accounts receivable. Note: Enter debits before credits Transaction General Journal Debit Credit