A & B

G E 1 Rodriguez Company reports the following financial information before adjustments. H 2 Credits $ $ 2.400 265,500 $ 3 Debits 4 Accounts Receivable $ 80,000 5 Allowance for Doubtful Accounts 6 Gross Sales (all on credit) 7 Sales Returns and Allowances $ 35,300 8 9 Instructions: 10 Prepare the journal entry to record Bad Debt Expense assuming Rodriguez Company 11 estimates bad debts at 12 (a) 5% of net sales 13 (b) 9% of acounts receivable 14 15 (a) 16 17 18 19 Journal entry 20 21 22 thi F G H B E 9 Instructions: 10 Prepare the journal entry to record Bad Debt Expense assuming Rodriguez Company 11 estimates bad debts at 12 (a) 5% of net sales 13(b) 9% of acounts receivable 14 15 (a) 16 17 18 19 Journal entry 20 21 22 23 (b) 24 25 26 Journal entry 27 28 29 30 21 Gross and Net Bad debt Receivable