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Accounts Receivable Allowance for Doubtful Accounts Sales Revenue (all on credit) Dr. (a) $113,400 No. Account Titles and Explanation (b) 2,205 Give the entry for
Accounts Receivable Allowance for Doubtful Accounts Sales Revenue (all on credit) Dr. (a) $113,400 No. Account Titles and Explanation (b) 2,205 Give the entry for estimated bad debts assuming that the allowance is to provide for doubtful accounts on the basis of (a) 4% of gross accounts receivable and (b) 5% of gross accounts receivable and Allowance for Doubtful Accounts has a $2,055 credit balance. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) 4 Cr. $856,800 Debit Credit
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