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I am doing somthing wrong here, can you please help. Thank you Hitachi, Ltd., reports total revenues of 9,616,202 million for its current fiscal year,

I am doing somthing wrong here, can you please help. Thank youimage text in transcribedimage text in transcribed

Hitachi, Ltd., reports total revenues of 9,616,202 million for its current fiscal year, and its current fiscal year-end unadjusted trial balance reports a debit balance for trade receivables (gross) of 2,797,935 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 10,000 million for the allowance for doubtful accounts. Round your final answers to nearest whole dollar. Enter your answers in millions.) View transaction list Journal entry worksheet 2 Record the estimated bad debts. Note: Enter debits before credits. Transaction General Journal Debit Credit a. Record entry Clear entry View general journal

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