B C D E F G Credits $ $ 4,760 267,500 1 Rodriguez Company reports the following financial information before adjustments. 2 3 Debits 4 Accounts Receivable $ 102,500 5 Allowance for Doubtful Accounts 6 Gross Sales (all on credit) 7 Sales Retums and Allowances $ 52,500 8 9 Instructions: 10 Prepare the joumal entry to record Bad Debt Expense assuming Rodriguez Company 11 estimates bad debts at 12 (a 5% of net sales 13 (6) 7% of acounts receivable 14 15 (a) 16 17 18 19 Joumal entry 20 21 22 23 (6) 24 25 26 27 28 Joumal entry 29 30 31 32 33 34