At December 31, Folgeys Coffee Company reports the following results for its calendar year Cash sales Credit sales 900,000 300,000 Its year-end unadjusted trial balance includes the following items Accounts receivable Allovance for doubti $125,000 debit 5, 000 debit ounta5123 Prepare the adjusting entry to record bad debts expense assuming uncollectibles are estimated to be (a) 3% of credit sales, (b) 1% of total sales and (c) 6% of year-end accounts receivable. Journal entry worksheet Record Bad Debts Expense assuming uncollectibles are estimated to be 3% of credit sales. Note: Enter debits before credits. Debit Credit ansaction General Journal Nert