Current Attempt in Progress

The adjusted trial balance before adjustment of Blossom Inc. shows the following balances.

Give the entry for estimated bad debts assuming that the allowance is to provide for doubtful accounts on the basis of $($a$)4\%$ of

gross accounts receivable and $($b$)5\%$ of gross accounts receivable and Allowance for Doubtful Accounts has a $$2,035$ credit

balance. $($If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. Credit account titles are

automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.$)$

No$.$ Account Titles and Explanation

Debit

Credit

$($a$)$

$($b$)$