journal entries

At December 31, Folgeys Colfee Company reports the following results for its calendar year. Its year-end unadjusted trial balance includes the following items. Prepare the adjusting entry to record bad debts expense assuming uncollectibles are estimated to be (1) 3% of credit sales, ( 2 ) 1% of total sales and (3) 6% of year-end accounts recetvable. Journal entry worksheet Record Bad Debts Expense assuming uncollectibles are estimated to be 3% of credit sales. Nater fivter debits before credits? rear-end unadjusted ulat baiance indudes the following rems. iccousts recelvabte Allowace for doubrful occeunts epare the adjusting enty to record bad debts expense assuming uncollectbles are estmated kal sales and (3) 6% of yearend occounts receviable. Journal entry worksheet Record Bad Debts fipente amuming oncallectibles are estimated to be 1 No of tetal sales. epare the adjusting entry to record bod debts expense assuming uncollectibles are estima tal bales and (3) 6% of yeareend accounts receivable Journal entry worksheet Record alad Debts Expense ansuming uncollectibles are eltimated to be 64 of yeareind accaunts ceceivable