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Santana Rey. ownet of Business Solutions, realizes that she needs to begin accounting for bad debts expense. Assume that Business Solutions has total revenues of

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Santana Rey. ownet of Business Solutions, realizes that she needs to begin accounting for bad debts expense. Assume that Business Solutions has total revenues of $44,000 during the first three months of 2022 and that the Accounts Recelvable balance on March 31 , 2022,15$22,867 Required: 1a. Prepare the adjusting entry to record bad debts expense, which are estimated to be 19 of total revenues on March 31,2022 . There Is a zero unadjusted balance in the Altowance for Doubtful Accounts at March 31 . 1b. Prepare the adjusting entry to record bad debts expense, which are estimated to be 2% of accounts receivable on March 31,2022 . There is a zero unadjusted balance in the Allowance for Doubtful Accounts at March 31 . 2. Assume that Business Solutions's Accounts Recelvable balance at June 30, 2022, is $20,250 and that one account of $100 has been witten off against the Allowance for Doubtful Accounts since March 31, 2022. If Rey uses the method in part 16. what adjusting joumat entry is made to recognize bad debts expense on June 30.2022? Complete this question by entering your answers in the tabs below. Acstime that Business Solutions's Accounts Receivable balance at june 30, 2022, is $20,250 and that one account of $100 has been witten off against the Altowance for Doubtful Accounts since March 31, 2022. If Rey uses the method in part 16 , what adfusting journal entry is made to recognize bad debts expense on June 30, 20227 (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Prepare the adjusting entry to record bad debts expense, which are estimated to to 1% of total revenues on March 31,2022 . There is a zero unadfusted balance in the Allowance for Doubtful Accounts at March 31. Journal entry worksheet Prepare the adjusting entry to record bad debts expense, which are estimated to be 29 of accounts recelvable on March 31 , 2022 . The is a zero unadjusted balance in the Allowance for Doubtful Accounts at March 31 . (Do not round intermedlate calculations.) Journal entry worksheet Record estimated bad debts. Note: Enter debits before credits. Assume that Business Solutions's Accounts Receivable balance at June 30,2022 , is $20,250 and that one account of $100 has been written off against the Allowance for Doubtiul Accounts since March 31,2022 . If Rev uses the method in part 16 , what adjusting journal entry is made to recognize bad debts expense on June 30,2022 ? (Do not round intermedlate calculations.) Journal entry worksheet

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