Question 13 of 18 Accounts Receivable Sales Revenue 7 Allowance for Doubtful Accounts $396,800 2,816,000 7,296 -/1 E Bad debts are estimated to be 7% of receivables. Record adjustment to Allowance for Doubtful Accounts in a tabular summary. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) A Common Stock + eTextbook and Media List of Accounts Revenue $ Stockholders' Equity Retained Earnings Expense $ 5 159 MAY 3 mtv A W P NEW