part B

Cullumber Corp uses the percentage- of-receivables basis to record bad debt expense. The compary estimates that 2% of accounts receivable will become uncollectible. (a) Your answer is correct. Prepare the adjusting journal entry to record bad debt expense for the year. (List debit entry before credit entry. Credit occount title: are outomatically indented when the amount is entered. Do not indent manually.) What is the ending (adjusted) balance in Allowance for Doubtful Accounts? (Post entries in the order of journal entries posted in the previous part) eTextbook and Media List of Accounts Attempts: 0 of 3 used Using multiple attempts will impact your score. 25% score reduction after attempt 2 (c) The parts of this question must be completed in order. This part will be available when you complete the part above