neend answer in 10 mint

Capilano Company has a July 31 year-end. You have been provided with the following information for the year just ended: 1. Total sales revenue for the year was $930,000. 2. Cash sales represent 20% of total sales. 3. The accounts receivable balance at the beginning of the year was $102,000. The accounts receivable balance at the end of the year was $162,000. 4. A review of the outstanding accounts receivable at the end of the year indicates that $8,100 should be written off. I 5. The industry uses the allowance approach based on 4% of accounts receivable or 1% of credit sales. Prepare the necessary adjusting entry to record the bad debts expense assuming that Capilano Company uses the direct write-off approach. 5