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Question 3 Sama company has the following unadjusted account balances at December 31, 2021, Total Sales of $720,000, Accounts Receivable of $205.000 and the lowance

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Question 3 Sama company has the following unadjusted account balances at December 31, 2021, Total Sales of $720,000, Accounts Receivable of $205.000 and the lowance was the total Account Receivable. The Allowance for Doubtful Accounts had a credit balance of $2,400, before the same was made Required: Prepare the adjusting journal entry to record bad debts expense for 2021. Answer in the following format (Note: This is just an example and is not related to the question Jan 1 Dr. Cash 120 Cr, Owner capital 120 For the toolbar, press ALT+F10 (PC) or ALTID Mac BIVS Paragraph Arial sapt Ev EA 2 IxOBATAN Moving to another question will save the response. N N

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