recording bad debt expense

E6-8 Recording Bad Debt Expense Estimates and Write-Offs Using the Percentage of Credit Sales Method LO6-2 During the current year, Sun Electronics, Incorporated, recorded credit sales of $690,000. Based on prior e Based on prior experience, t estimates a 1 percent bad debt rate on credts Required Prepare jounal entries for each transaction (If no entry is required for a transaction/event.select "No journal entry required" in the first account field.) a. On November 13 of the current year, an account receivable for $410 from a prior year was determined to be uncollectible and was wrtten off b. At year-end, the appropriate bad debt expense adjustment was recorded for the current year View transaction list Journal entry worksheet 2 Record the entry to write-off the uncollectible account. Note: Enter debits before credits. Credit General Journal