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At June 31st 2020 Johns unadjusted trial balance includes the following: Debit Credit Accounts receivable 140,000 Allowance for doubtful accounts 890 Sales 425,000 Sales returns

At June 31st 2020 Johns unadjusted trial balance includes the following:

Debit Credit

Accounts receivable 140,000

Allowance for doubtful accounts 890

Sales 425,000

Sales returns and allowances 10,000

Journal entries assuming that the estimate of uncollectible accounts will be determined by using

2% of net sales or 5% of gross accounts receivable

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