During the current year, Sun Electronics, Incorporated, recorded credit sales of $780,000. Based on prior experience, it estimates a 3 percent bad debt rate on credit sales Prepare journal entries for each transaction: (f no entry is required for a transaction/event,select "No journal entry required" in the first account field.) a. On November 13 of the current year, an account receivable for $270 from a prior year was determined to be uncollectible and was written of b. At year-end, the appropriate bad debt expense adjustment was recorded for the current year. Journal Entry Worksheet Enter debits before credits