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Balances at end of year Accounts Allowance for Receivable DIA $740,000.00 $6,500.00 % of Sales to write off Sales $3,330,000.00 1.10% Accounts Receivable $740,000.00 Identify how much to write off and create the adjusting journal entry below DR CR Account Bad Debt Expense Allowance for Doubtful Accounts to record allowance for bad debts Allowance for DIA $6,500.00 After the JE above, post to T accounts and identify the balance in each of the following accounts: Accounts Receivable Allowance for Doubtful Accounts Bad Debt Expense Bad Debt Expense $3,663