on the above data, calculate ending inventory as of May 30 $5,760 $2,510 $20 $360 QUESTION 10 2020 Net credit sales Estimate of doubtful debts Allowance account credit balance Gross Accounts receivable $100,000. 2% of net credit sales $1,800 before the estimate was made $40,000. Required: Prepare the adjusting entry to record bad debts expense for 2020 using the percentage of sales method For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). L BIUS Paragraph x X2 >TT TT < - + Y Arial 10pt r TT 99 k Save and Submit to save and submit. Click Save All Answers to save all answers. v