Raven Ravine Company wrote off $$2,700$ receivables as uncollectible during $2025.$ The company uses the allowance method to account for uncollectibles.

$12.$ Journalize Raven Ravine Company's adjustment to record bad debts expense assuming Raven Ravine Company estimates bad debts as $3\%$ of credit sales. Raven Ravine Company estimates bad debts as $5\%$ of accounts receivable. the last line of the journal entry table.$)$

$\backslash$table$[[$Date$,$Accounts and Explanation,Debit,Credit$],[$Dec$.31],[,,,],[,,,],[,,,],[,,,]]$

Raven Ravine Company estimates bad debts as $5\%$ of accounts receivable. $($Record debits first, then, credits. Select the explanation on the last line of the journal entry table.$)$

$\backslash$table$[[$Date$,$Accounts and Explanation,Debit,Credit$],[$Dec$.31,,,],[,,],[,,],[,,],[,,]]$