At December 31, Folgeys Coffee Company reports the following results for its calendar year. Cash sales Credit sales $ 906,000 306,000 Its year-end unadjusted trial balance includes the following items. Accounts receivable Allowance for doubtful accounts $131,000 debit 5,689 debit ces Prepare the adjusting entry to record bad debts expense assuming uncollectibles are estimated to be (1) 5% of cr total sales and (3) 8% of year-end accounts receivable. View transaction list Journal entry worksheet