Exercise 9-05 a-c (Part Level Submission) The ledger of Sunland Company at the end of the current year shows Accounts Receivable $127,000, Sales Revenue $851,000, and Sales Returns and Allowances $22,000. Journalize the following independent situations. (b) If Allowance for Doubtful Accounts has a credit balance of $2,300 in the trial balance, journalize the adjusting entry at December 31, assuming bad debts are expected to be 10% of accounts receivable. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Dec. 31 Click if you would like to Show Work for this question: Coen Show Work