Prepare the entry for bad debt expense for the current year assuming historical records show that, based on accounts receivable

aging, the following percentages will not be collected: $($Credit account titles are automatically indented when the amount is entered. Do

not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. List debit entry before

credit entry.$)$

Account Titles and Explanation

Debit

Credit