Assignments > MULTI Submission Details Ch 7: Homework JUANA ORTIZ submitted May 1 at 10:55pm Kingbird Company reports the following financial information before adjustments. and 58,900 Accounts Receivable Allowance for Doubtful Accounts $3,200 Sales Revenue (all on credit) 849,300 Sales Returns and Allowances 50,440 port Prepare the journal entry to record bad debt expense assuming Kingbird Company estimates bad debts at (a) 4% of accounts receivable and (b) 4% of accounts receivable but Allowance for Doubtful Accounts had a $1,550 debit 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.) - -- - --- -- - prt se