B\&H Corporation was formed in 2015 with the meiger of Freeman Good Foods and Boyd Companies. The company reported the following rounded amounts for the year ended December 29, 2018 (all amounts in millions): Required: 1. Assume B8H uses 314 of 1 percent of sales to estimate its Bod Debt Expense for the year Prepare the adjusting journal entry required for the yeat, assuming no Bad Debt Expense has been recorded yet. 2. Assume instead BSH uses the aging of accounts recelvabie method and estinates that $76 of its Accounts Receivable will be uncollectible. Prepare the adjusting journal entry required at December 29, 20t8, for recording Bad Debt Expense 3. Assume instead B8H's uses the aging of accounts recelvable method and estimates that $76 of its Accounts Receivable mill be uncollectibie. Prepare the adjusting joumal entry requited at December 29, 2018. for recording Bad Debt Expense assuming B\&H's unadjusted balance in Allowance for Doubtful Accounts at December 29, 2018, was a debit balance of $37. 4. Hf one of B\&H's customers declared banktuptcy, what jounal entry would be used to write off its $10 balance? Complete this question by entering your answers in the tabs below. Assume BaH uses 3/4 of 1 percent of sales to estimate its Bad Debt Expense for the year. Prepare the adjusting jeurnal entry required for the year, assuming no 8ad bebt Expense has been recorded yet. (If no enory is regulced for at transaction/event, select No loumal. Entry Required" in the first account field. Enter vour answers in inilions (i.e., 10,000,000 should be elotered as 10). found your answers to the nearest whole numbec) Journal entry worksheet Record the entry for bad debt expenses under the percentage of credit sates method. Nute: Enter debits beluge crrdies BEH Corporation was formed in 2015 with the merger of Freeman Good Foods and Boyd Companies. The company reported the following rounded amounts tor the year ended December 29,2018 (all amounts in milions) Required: 1. Assume B\&H uses 3/4 of 1 percent of sales to estimate its Bad Debt Expense for the yeat Prepare the adjusting journal entry required for the year, assuming no Bad Debt Expense has been recorded yet. 2. Assume instead B8H uses the aging of accounts receivable method and estimates that 576 of its Accounts Receivable wit be uncollectible. Prepare the adjusting joumal entry required at December 29, 2018, for recording Bad Debt Expense: 3. Assume instead B\&H's uses the aging of accounts recelvable method and estimates that 576 of its Accounts Receivable will be uncollectible. Prepare the adjusting journal entry required at December 29, 2018, for recording Bad Debt Expense assuming B\&rt's unadjusted balance in Allowance for Doubtful Accounts at December 29, 2018, was a debit balance of $37 4. If one of BSH's customers declared bankruptcy, What journal entry would be used to write off its $10 balance? Complete this question by entering your answers in the tabs below. Assume instead B84 uses the aging of accounts receivable method and extimates that 576 of its Accounts Receivabie will be uncollectible. Prepare the adjucting journat entry required at December 29, 2018, for recording fad Dobt Expense. (If no entry is required for a transacton/event, select Wo Joumal Entry Required in the First acoount field. Enter your answers in mililons (h.e.. to,000,000 should be entered as 10 ). Round your anspers to the nearest whole nambec) Show lesis Journal entry worksheet Record the entry for bad dobt expenses under the aging of accoants fecavable method. Nulei tunter debite before uredits. Required: 1. Assume BKH uses 3/4 of 1 percent of sales to estimate its Bad Debt Expense for the year. Prepare the adjusting journal entry required for the year, assuming no Bad Debt Expense has been recorded yet. 2. Assume instead B\&H uses the aging of accounts receivable method and estimates that $76 of its Accounts Receivable will be uncollectible. Prepare the adjusting Journal entry required at December 29, 2018, for recording Bad Debt Expense. 3. Assume instead B\&H's uses the aging of accounts recelvable method and estimates that $76 of its Accounts Receivable will be uncollectible. Prepare the adjusting Journal entry required at December 29, 2018, for recording Bad Debt Expense assuming B\&H's unadjusted balance in Allowance for Doubtful Accounts at December 29, 2018, was a debit balance of $37 4. If one of B\&H's customers declared bankruptcy. what journal entry would be used to wite off its $10 balance? Complete this question by entering your answers in the tabs below. Assume instead B8H's uses the aging of accounts receivable method and estimates that $76 of its Accounts Receivable will be uncollectible. Prepare the adjusting Journal entry required at December 29, 2018, for recording Bad Debt Expense assuming B8H's unadjusted balance in Allowance for Doubtful Accounts at December 29, 2018, was a debit balance of $37. (it no entry is required lor a transaction/event, solect "No Journal Entry Required" in the first account field, Enter your answers in milions (i.e.4, 10,000,00D thould bo entored as 10).) Journal entry worksheet Record the adjusting entry for bud debts as of December 29, 2018 using the aging of accounts receivable method receivable method and assuming the unadfusted balance in Allowance for Doubtfut Accounts at December 29, 2018, was a debit balance of $37. BSH Corporation was formed in 2015 with the merger of Freeman Good Foods and Boyd Companies. The company reported the following rounded amounts for the yeat ended December 29,2018 (bil amounts in mililons) Required 1. Assume BSH uses 314 of 1 percent of sales to estimate its Bad Debt Expense for the year. Prepare the adjusting journal entry required for the year, assuming no Bad Debt Expense has been recorded yet 2. Assume instead B8H uses the aging of accounts teceivable method and estimates that $76 of its Accounts Receivable will be uncollectible. Prepare the adjusting loumal entry required at December 29, 2018, for recording Bad Debt Expense 3. Assume instead B8H's uses the aging of accounts recelvoble method and estimates that 576 of its Accounts Receivabie will be uncollectible. Prepare the adjusting Journal entry required at December 29.2018, for recording Bad Debt Expense assuming B\&H: unadjusted balance in Allowance for Doubifu Accounts at December 29. 2018, was a debit bolance of $37 4. If one of B\&H's customers declared bankruptcy, what joumal entry would be used to write off its $10 bolance? Complete this question by entering your answers in the tabs betow. If one of Bshis customers declared bankruptcy what foumal entry would be used to write off its 510 balance? (II no entry ie required for: be emered as 10)d Journal entry worksheet Record the white off of a certain custamer account totaling sio which is not collectble due to bankruptcy declared by the customer. Nule tuler debis beliue (rrdit