Can someone please fill this out.

Question 2 of 12 > 0.33/1 III Sweet Acacia Industries uses the percentage-of-receivables basis to record bad debt expense. Accounts receivable (ending balance) Allowance for doubtful accounts (unadjusted) $419,000 (debit) 4,600 (debit) The company estimates that 2% of accounts receivable will become uncollectible. (a) Your answer is correct. Prepare the adjusting journal entry to record bad debt expense for the year. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Bad Debt Expense 12980 Allowance for Doubtful Accounts 12980 Question 2 of 12