n 2017, the Fitzu Co. had net credit sales of $750,000. On December 31, 2017, Allowance for Doubtful Accounts had an unadjusted debit balance of $14 indic 3. I ,000. Past experience ates that the allowance should be 10% of the balance in receivables (percentage of nce at December 31 was $200,000. Prepare receivable basis). The accounts receivable bala the entry for the required adjustment to the Allowance for Doubtful Accounts at December 31, 2017. (4 points)