During the current year, Sun Electronics, Incorporated, recorded credit sales of $$720,000.$ Based on prior experience, it estimates a $2$ percent bad debt rate on credit sales.

On November $13$ of the current year, an account receivable for $$350$ from a prior year was determined to be uncollectible and was written off.

At year$-$end, the appropriate bad debt expense adjustment was recorded for the current year.

Required:

Indicate the effects of the transactions in the following table. Indicate the accounts affected and enter decreases to account categories with a minus sign.