Duncan Company reports the following financial information before adjustments.

		Dr.			Cr.
Accounts Receivable		$166,000
Allowance for Doubtful Accounts					$2,500
Sales Revenue (all on credit)					817,500
Sales Returns and Allowances		51,700

Prepare the journal entry to record bad debt expense assuming Duncan Company estimates bad debts at (a) 2% of net sales and (b) 4% of accounts receivable. (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.)

No. Account Titles and explanantion Debit Credit

A.

Account Name?	Debit	Credit
Account Name?	Debit	Credit

B.

Account Name?	Debit	Credit
Account Name?	Debit	Credit