During the current year, Sun Electronics, Incorporated, fecorded credit sales of $770.000, Bosed on priot experience, it estimates a 2 percent bad debt rate on credit sales. Required: Prepare journal entries for each transaction: Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. 1. On November 13 of the current year, an account recelvable for 5310 from a ptior year was determined to be uncoliectuble and was written off, 2. At year-end, the appropriate bad debt expense adjustment was recorded for the current yeat. Journal entry worksheet Record the entry to write-off the uncoliectible account. Note Enter debles before credits. During the current year, Sun Electronics, Incorpotated, recorded credit saies of 5770,000 . Based on priot expertence, it estimates a 2. percent bad debt rate on credit sales: Required: Prepare journal entries for each transaction: Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. 1. On November 13 of the current year, an account receivable for $310 from a prior year was determined to be uncollectible and Was Written off. 2. At year-end, the appropriate bad debt expense adjustment was recorded for the current year. Journal entry worksheet Note: Enter debits before credits