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A trial balance before adjustment included the following: Debit Credit Accounts receivable $169,000 Allowance for doubtful accounts $1,170 Sales 306.000 Sales returns and allowances 5,200

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A trial balance before adjustment included the following: Debit Credit Accounts receivable $169,000 Allowance for doubtful accounts $1,170 Sales 306.000 Sales returns and allowances 5,200 Prepare journal entries assuming that the estimate of uncollectible is determined by taking (1) 4% of gross accounts receivable (Credit account titles are automatically indented when the amount is entered. De moindent manually Account Titles and Explanation Debit Credit (2) 1% of gross accounts receivable (assuming a $1,170 debit allowance account balance). (Credit account there automatically indented when the most entre monde mm) Account Tities and Explanation Debat Credit Click if you would like to show Work for this question. On Show Work OWLIT OF ACCOUNTS

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