At December 31, Folgeys Coffee Company reports the following results for its calendar year. Cash sales Credit sales $ 917,000 317,000 Its year-end unadjusted trial balance includes the following items. Accounts receivable Allowance for doubtful accounts $142,080 debit 6,780 debit 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 A B C Record Bad Debts Expense assuming uncollectibles are estimated to be 4% of credit sales