A trial balance before adjustment included the following:

Debit Credit Accounts receivable $142,000

Allowance for doubtful accounts 1,300

Sales $541,000

Sales returns and allowances 6,700

Give journal entries assuming that the estimate of uncollectibles is determined by taking

(1) 7% of gross accounts receivable (show journal entry)

(2) 1% of net sales. (show journal entry)