Hitachi, Ltd., reports total revenues of 10,034,305 million for its current fiscal year, and its current fiscal year-end unadjusted trial balance reports a debit balance for trade receivables gross) of 2.992.770 million a. Prepare the adjusting entry to record its bad debts expense assuming uncollectibles are estimated to be 0.4% of total revenues and its unadjusted trial balance reports a credit balance of 10.000 million for the allowance for doubtful accounts b. Prepare the adjusting entry to record bad debts expense assuming uncollectibles are estimated to be 2.0% of year-end trade receivables (gross) and its unadjusted trial balance reports a credit balance of 50,000 million for the allowance for doubtful accounts. (Enter your answers in millions rounded to the nearest whole number) View transaction list Journal entry worksheet Prepare the adjusting entry to record its bad debts expense assuming uncollectibles are estimated to be 0.4% of total revenues and its unadjusted trial balance reports a credit balance of $10,000 million for the aliowance for doubtful accounts. Nota: Enter debits before credits Transaction General Journal Debit Credit Dante CINA & $ 5 6 7 3 8 ter 7 HW 3 Hitachi, Ltd., reports total revenues of X10,034,305 million for its current fiscal year, and its current fiscal year-end unadj balance reports a debit balance for trade receivables (gross) of 2,992,770 million, a. Prepare the adjusting entry to record its bad debts expense assuming uncollectibles are estimated to be 0.4% of tota its unadjusted trial balance reports a credit balance of 10,000 million for the allowance for doubtful accounts. b. Prepare the adjusting entry to record bad debts expense assuming uncollectibles are estimated to be 2.0% of year-e receivables (gross) and its unadjusted trial balance reports a credit balance of 10,000 million for the allowance for doua (Enter your answers in millions rounded to the nearest whole number) Book View transaction ist Journal entry worksheet $ & 2 3 5 6 7 8 W E R Y