A company reported the following information related to bad debt estimates and write$-$offs for a recent year.

Allowance for doubtful accounts:

Balance at beginning of year $$8,702$

Bad debt expense $,3,918$

Write$-$offs

Balance at end of year

Required:

Prepare journal entries for the bad debt expense adjustment and total write$-$offs of bad debts for the current year.

Assume that gross sales revenue for the month was $$145,256,$ bad debt expense was $$306,$ sales discounts were $$1,614,$ sales

returns were $$1,176,$ and credit card fees were $$2,489.$ What amount would the company report for net sales for the month?

Complete this question by entering your answers in the tabs below.

Required $2$

Assume that gross sales revenue for the month was $$145,256,$ bad debt expense was $$306,$ sales discounts were $$1,614,$

sales returns were $$1,176,$ and credit card fees were $$2,489.$ What amount would the company report for net sales for the

month?Required $1$

$*$ No other additional details available for this question. Prepare journal entries for the bad debt expense adjustment and total write$-$offs of bad debts for the current year. $($If no entry is

required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.$)$

$1$ Record entry for estimated bad debts.

$2$ Record write$-$off of specific bad debts.

Note : $O$ journal entry has been entered