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Jade Co. has the following data for the current year: Accounts Receivable, December 31 $100,000 Allowance for Doubtful Accounts, December 31 (credit), unadjusted $1059 Total
Jade Co. has the following data for the current year: Accounts Receivable, December 31 $100,000 Allowance for Doubtful Accounts, December 31 (credit), unadjusted $1059 Total Sales Revenue $816129 Assuming the company estimates 7% of accounts receivable will be uncollected in the future, the adjusting journal entry to record the estimated bad debts should be for $ Show whole numbers in your answer. Do not include dollar signs, decimals, commas, etc. in your
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