The account balances of Sheridan Company at December 31, 2024, the end of the current year, show Accounts Receivable $154,800; Allowance for Doubtful Accounts $1,900 (credit): Sales $1,218,200; Sales Returns and Allowances $40,000; and Sales Discounts $17,200. (a) (b) Your answer is partially correct. Record the adjusting entry at December 31, 2024, assuming uncollectible accounts are estimated to be 10% of accounts receivable. (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. List debit entry before credit entry.) Date Account Titles Dec. 31 Bad Debt Expense Allowance for Doubtful Accounts eTextbook and Media List of Accounts Your answer is incorrect. Calculate the carrying amount of the accounts receivable. Carrying amount $ Debit 139320 Credit 139320 Attempts: 2 of 2 used