7 At December 31, Folgeys Coffee Company reports the following results for its calendar year. 10 points Cash sales Credit sales $ 918,000 318,000 Its year-end unadjusted trial balance includes the following items. eBook Accounts receivable Allowance for doubtful accounts $143,000 debit 6,800 debit Hint Prepare the adjusting entry to record bad debts expense assuming uncollectibles are estimated to be (a) 5% of credit sales, (b) 3% of total sales and (c) 8% of year-end accounts receivable. Print View transaction list View journal entry worksheet X References No Transaction General Journal Debit Credit 1 a. Bad debts expense Allowance for doubtful accounts 2 b. Bad debts expense Allowance for doubtful accounts 3 C. Bad debts expense Allowance for doubtful accounts