QUESTION 1 For journal entries in this assignment, enter AR for Accounts Receivable, ADA for Allowance for Doubtful Accounts, BDE for Bad Debt Expense REV for Sales Revenue, and CASH for Cash. Please be careful as you type, because Blackboard is very rigid! Enter all numeric answers in whole dollars but without a $. Priestly Inc. records sales on account of $150,000 during the month of June. The company estimates bad debt expense as of 3.5% of credit sales. a Show the journal entry for the June sales on account (enter account name from the choices in the general instructions above, and then the amount). Debit: Credit: b Show the journal entry for June's bad debt expense. . Debit: Credit: c. Assuming Priestly's opening balance of Accounts Receivable on June 1 was $0, what is its balance of net Accounts Receivable after the two entries above? Mokay Company, has run into financial difficulty and Sp