Marigold, Inc. had net sales in 2025 of $1,440,100. At December 31, 2025, before adjusting entries, the balances in selected accounts were Accounts Receivable $248,700 debit, and Allowance for Doubtful Accounts $1,926 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. List debit entry before credit entry.) eTextbook and Media Attempts: 1 of 3 used Your answer is partially correct. Marigold, Inc. had net sales in 2025 of $1,440,100. At December 31,2025 , before adjusting entries, the balances in selected accounts were Accounts Receivable $248,700 debit, and Allowance for Doubtful Accounts $3,240 credit. Assume Marigold prepares an aging schedule that estimates total uncollectible accounts at $24,800. 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. List debit entry before credit entry.)