Question 6

6 At December 31, Folgeys Coffee Company reports the following results for its calendar year. 0.24 points Cash sales Credit sales $ 918,000 318,000 Skoped Its year-end unadjusted trial balance includes the following items. Boc Accounts receivable Allowance for doubtful accounts Hint $143,000 debit 6,808 debit References Prepare the adjusting entry to record bad debts expense assuming uncollectibles are estimated to be (1 total sales and (3) 8% of year-end accounts receivable. View transaction list Journal entry worksheet