a) Your Co. had sales of $10000, an ending A/R balance of $1500, and a dr. balance of $75 in the allowance account. Record the adjusting entry if 1% of sales are uncollectible. Date Dec 31 General Journal Account/Explanation PR Debit Credit (Accrue bad debts - 1% sales) What entry is required if A Co. goes bankrupt next year owing Your Co. $20? Date Apr 2 General Journal Account/Explanation PR Debit Credit + (Write off account) bl Your Co hadsales of $15000 an ending A/R balance of $2400 30da.dr. balance