Assignment/takeAssignment Main.do?invoker=&takeAssignmentSessionLocator=&inprogress=false .. EverFi Educational m.mjh hjhjh ih. Ad eBook Show Me How Calculator Uncolle able Accounts-Percentage of Sales and Percentage of Receivables At the end of the current year, the accounts receivable account of Glenn's Nursery Supplies has a debit balance of $390,000. Credit sales are $2,720,000. Record the end of period adjusting entry on December 31, in general journal form, for the estimated uncollectible accounts. Assume the following independent conditions existed prior to the adjustment: 1. Allowance for Doubtful Accounts has a credit balance of $1,730 a. The percentage of sales method is used and bad debt expense is estimated to be 1% of credit sales Page: DOC. POST. DATE ACCOUNT TITLE DEBIT CREDIT NO. REF. 1 20- Dec. 31 2. 2 3 3 b. The percentage of receivables method is used and an analysis of the accounts produces an estimate of $30,330 in uncollectible accounts. Page: Soc.POST. DEBIT CREDIT DATE ACCOUNT TITLE NO. REF. 1 1 20- Dec. 31 2 2 3 3 2. Allowance for Doubtful Accounts has a debit balance of $1,820 Previous Check My Work 5 more Check My Work uses remaining Submit Assignment for Grade Save and Ex Email Instructor ENG 1135 Dedop Assignment/takeAssignment Main.do?invoker=&takeAssignmentSessionLocator=&inprogress=false .. EverFi Educational m.mjh hjhjh ih. Ad eBook Show Me How Calculator Uncolle able Accounts-Percentage of Sales and Percentage of Receivables At the end of the current year, the accounts receivable account of Glenn's Nursery Supplies has a debit balance of $390,000. Credit sales are $2,720,000. Record the end of period adjusting entry on December 31, in general journal form, for the estimated uncollectible accounts. Assume the following independent conditions existed prior to the adjustment: 1. Allowance for Doubtful Accounts has a credit balance of $1,730 a. The percentage of sales method is used and bad debt expense is estimated to be 1% of credit sales Page: DOC. POST. DATE ACCOUNT TITLE DEBIT CREDIT NO. REF. 1 20- Dec. 31 2. 2 3 3 b. The percentage of receivables method is used and an analysis of the accounts produces an estimate of $30,330 in uncollectible accounts. Page: Soc.POST. DEBIT CREDIT DATE ACCOUNT TITLE NO. REF. 1 1 20- Dec. 31 2 2 3 3 2. Allowance for Doubtful Accounts has a debit balance of $1,820 Previous Check My Work 5 more Check My Work uses remaining Submit Assignment for Grade Save and Ex Email Instructor ENG 1135 Dedop