C During December. The Compar * + icture.com/courses/208812/assignments/3181384 Gmail YouTube Maps Translate News My Hotel Effectiven Due Sunday by 11:59pm Points 25 Submitting a file upload Answer the following questions: You are are to complete you work on loose leaf paper, take a screen shot of your work and upload the images. If you do not follow these directions, you will receive a zero for this portion 1) Kingston Co. uses the percentage-of-receivables basis to record bad debt expense. It estimates that 1% of accounts receivable will become uncollectible. Accounts receivable are $420,000 at the end of the year, and the allowance for doubtful accounts has a credit balance of $1,500 (a) Prepare the adjusting journal entry to record bad debt expense for the year (b) If the allowance for doubtful accounts had a debit balance of $800 instead of a credit balance of $1.500 determine the amount to be redded for bad debt expense 21 On March 20. Dody's petty cash fund of $100 is replenished when the fund contains 59 in cash and receipts for postage 552 freight-out $26. and travel expense S10. Prepare the Journal entry to record the replenishment of the petty cash fune The following barko ston preparacorrect prepare correct LIST 3500.20 10000