SVO Help Save & EX Check During the current year, Glatras Electronics recorded credit sales of $680,000. Based on prior experience, it estimates a 3.5 percent bad debt rate on credit sales. Required: 1. Prepare journal entries for each of the following transactions a. On October 28 of the current year, an account receivable for $2,800 from a prior year was determined to be uncollectible and was b. At year-end, the appropriate bad debt expense adjustment was recorded for the current year. 2. Complete the following table, indicating the amount and effect for each transaction written off. . ences Complete this question by entering your answers in the tabs below. Required Required 2 Prepare journal entries for each of the following transactions. (1 no entry is required for a transaction/event, select "No journal entry required in the first account field.) a. on October 28 of the current year, an account receivable for $2,500 from a prior year was determined to be uncollectible and was 6. At year-end, the appropriate bad debt expense adjustment was recorded for the current year Show less View transactions View journal entry was Transition General Joumal Debit Creitit ME SVO Help Save & EX Check During the current year, Glatras Electronics recorded credit sales of $680,000. Based on prior experience, it estimates a 3.5 percent bad debt rate on credit sales. Required: 1. Prepare journal entries for each of the following transactions a. On October 28 of the current year, an account receivable for $2,800 from a prior year was determined to be uncollectible and was b. At year-end, the appropriate bad debt expense adjustment was recorded for the current year. 2. Complete the following table, indicating the amount and effect for each transaction written off. . ences Complete this question by entering your answers in the tabs below. Required Required 2 Prepare journal entries for each of the following transactions. (1 no entry is required for a transaction/event, select "No journal entry required in the first account field.) a. on October 28 of the current year, an account receivable for $2,500 from a prior year was determined to be uncollectible and was 6. At year-end, the appropriate bad debt expense adjustment was recorded for the current year Show less View transactions View journal entry was Transition General Joumal Debit Creitit ME