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Question 2.2 Using the percentage of receivables approach to calculate the amount of bad debt expense incurred, record the adjusting entry for the bad debt expense for the financial year end lume 30, 2021 The Credit balance in the allowance for bad debit account is $34.000 prior to the adjusting entry Setect Allorante how bad debts I Select 4 pts Question 23 Question 2.3 LA Fashion uses the periodic inventory system. Record the journal entries required for the following three transactions (question 2.3 -2.5): On 1 April 2021, Carin purchased 75 containers of shirts for $54,000 cash and also paid $500 transportation costs in cash related to this purchase. Record the journal entry for LA Fashion: [Select) 54,000 [ Select) 54,000 [ Select] 500 [ Select) 500