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Question 9 Question 15 2 points 3019 Sama company has the following unadjusted account balances at December 31, 2021, Total Sales of $720,000, Accounts
Question 9 Question 15 2 points 3019 Sama company has the following unadjusted account balances at December 31, 2021, Total Sales of $720,000, Accounts Receivable of $205,000 and the allowance was estimated as 3.5%of the total Account Receivable. The Allowance for Doubtful Accounts had a credit balance of $2,400, before the estimate 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 Jon t Dr. Cash 120 Cr. Owner capital For the toot, press ACT-Fo 120 BIVS Pagraph Arial 10pt
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