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Brandy Inc. had net sales in 2022 of $12,000,000. At December 31, 2022, before adjusting entries, the balances in selected accounts were Accounts Receivable $1,000,000

Brandy Inc. had net sales in 2022 of \$12,000,000. At December 31, 2022, before adjusting entries, the balances in selected accounts were Accounts Receivable $1,000,000 debit, and Allowance for Doubtful Accounts $32,000 debit. If Brandy estimates that 9% of its receivables will prove to be uncollectible, prepare the December 31,2022 , journal entry to record bad debt expense

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