During the current year, Giatras Electronics recorded credit sales of $660,000. Based on prior experience, it estimates a 4.5 percent bad debt rate on credit sales. Required: 1. Preparejournal entries for each of the following transactions. a. On October 28 of the current year, an account receivable for $2,600 from a prior year was determined to be uncollectible and was written off. b. At year-end, the appropriate bad debt expense adjustment was recorded for the current year. 2. Complete the following table, indicating the amount and effect for each transaction. Complete this question by entering your answers in the tabs below. Required 1 5 RequiredZ Complete the following table, indicating the amount and effect for each transaction. (Indicate decreases with a minus sign.)