Cullumber Company has been in business several years. At the end of the current year, the unadjusted trial balance shows:

Accounts Receivable

$$297,000$ Dr$.$

$2,337,900,$ Cr$.$

Sales Revenue

$5,407Cr.$

Bad debts are estimated to be $7\%$ of receivables. Prepare the entry to adjust Allowance for Doubtful Accounts. $($List debit entry before credit entry. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts.$)$

Account Titles and Explanation

Debit

Credit