give the entry for estimated bad debts assuming that the allowance is to provide for doubtful accounts on the basis of (a) 4% of grossaccounts receivable and (b) 5% of grossaccounts receivable and Allowance for doubtful Account has a $2,005 credit balance.

Accout receivable (DR) 109,800. Allowance for Dounfuk Accounts. (DR.) 2135. sales revenue (all on credit). (CR.) 829,600