Hitachi, Ltd., reports total revenues of 19,060,000 million for its current fiscal year, and its current fiscal year-end unadjusted trial balance reports a debit balance for trade receivables (gross) of 2.440,000 million a. Prepare the adjusting entry to record its bad debts expense assuming uncollectibles are estimated to be 0.7% of total revenues and its unadjusted trial balance reports a credit balance of 10,300 million for the allowance for doubtful accounts. b. Prepare the adjusting entry to record bad debts expense assuming uncollectibles are estimated to be 2.4% of year-end trade receivables (gross) and its unadjusted trial balance reports a credit balance of 10,300 million for the allowance for doubtful accounts. (Enter your answers in millions.) View transaction list Journal entry worksheet