Ivanhoe, Inc. had net sales in 2017 of $1,456,300. At December 31, 2017, before adjusting entries, the balances in selected accounts were Accounts Receivable $349,500 debit, and Allowance for Doubtful Accounts $1,939 debit. Assume that 10% of accounts receivable will prove to be uncollectible. Prepare the entry to record bad debt expense. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Dec. 31, 2017 Ivanhoe, Inc. had net sales in 2017 of $1,456,300. At December 31, 2017, before adjusting entries, the balances in selected accounts were Accounts Receivable $349,500 debit, and Allowance for Doubtful Accounts $4,200 credit. Assume Ivanhoe prepares an aging schedule that estimates total uncollectible accounts at $33,300. Prepare the entry to record bad debt expense. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Dec. 31, 2017 Click if you would like to Show Work for this question: Open Show Work Question Attempts: 0 of 1 used Save for later Submit Answer