Donald owner of Dallas Company, begin accounting for bad debts expense Assume that Dallas Company has total revenues of $79.000 during 2019 and the Accounts Receivable balance on December 31 201 $42.000 Required 1 Prepare the adjusting entry to record had debis expense which are estimated to be 3% of total saes on December 31 2019 There is a zer unadested balance in the Allowance toy Doubt Accounes at December 31 2. Prepare the adjusting entry to record bad debts expense which are estimated to be 5% of accounts recevable on December 21, 2013 There a zero unaduated balance in the Alowance for Douote Accounts at December 31