At December 31, Folgeys Coffee Company reports the following results for its calendar year. $ 909,000 309,000 Cash sales Credit sales Its year-end unadjusted trial balance includes the following items. Accounts receivable $ 134,000 debit 5,900 debit Allowance for doubtful accounts Prepare the adjusting entry to record bad debts expense assuming uncollectibles are estimated to be (1) 4% of credit sales, (2) 2% of total sales and (3) 7% of year-end accounts receivable. View transaction list Journal entry worksheet

At December 31 , Folgeys Coffee Company reports the following results for its calendar year. Its year-end unadjusted trial balance includes the following items. Accounts recelvable Allowance for doubtful accounts 534,090debit5,900debit: Prepare the adjusting entry to record bad debts expense assuming uncollectibles are estimated to be (i) 4% of credit sales, (2) 2% of total sales and (3) 7% of yeat-end accounts recelvoble. Journal entry worksheet Record tad Debts Expense assuming uncollectities are estimated to be 4 ha of credit nases