Question at position $4$

During $2023,$ Bell & Stowe, Inc. had credit sales that amounted to $$2,100,000.$ Based on prior experience, the company estimates that it will not collect $2\%$ of the total credit sales. Prepare the following journal entries:

On August $15,2023,$ an accounts receivable balance for $$3,800$ from $2022$ was determined to be uncollected and was written off.

On December $31,2023,$ the appropriate bad debt expense adjustment was recorded.