ayT Math Prot C Home Chegg.com YouTube During Burns Company's first year of operations, credit sales totaled $152,000 and collections on credit salestotaled S 111,000 Burns estimates that bad debt losses will be 1.5% of credit sales. By year-end. Burns had written off $360 of specific accounts as uncollectible Required 1.Prepare all appropriate journal entries relative to uncollectible accounts and bad debt expense (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the entry to write-off specific accounts. Note: Enter debits before credits Transcation General Journal Debit Credit View general journal Clear entry Record entry