solution for these answers

Question 11 Sunland Co. uses the percentage of sales approach to record bad debt expense. It estimates that 1.5% of net credit sales will become uncollectible. Credit sales are $783,000 for the year ended April 30, 2021; sales discounts are $18,000; accounts receivable are $272,800; and the allowance for doubtful accounts has a credit balance of $5,280. * Question 11 Your answer is correct. Prepare the adjusting entry to record bad debt expense in 2021. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Date Account Titles and Explanation Debat Credil 147 Apr 304 Bad Debt Expense EL Allowance for Doubtful Accounts (To record estimate of uncollectible accounts.) 111475 Attempts: 6 of 15 used * Question 11 Your answer is correct. Calculate the carrying amount of accounts receivable on April 30, 2021. Carrying amount 51256045 SOU Altamonte 1 dead