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[The following information applies to the questions displayed below.] At December 31, 2015, Ethan Company reports the following results for its calendar-year. Cash sales Credit

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[The following information applies to the questions displayed below.] At December 31, 2015, Ethan Company reports the following results for its calendar-year. Cash sales Credit sales $1003 DRO 3314000 In addition, its unadjusted trial balance includes the following items. Accounts receivable Allowance for out courts $1004142 detit 21200 debit There was objective evidence that 10% of a $148,000 debt owed by a debtor, Nathan Company, would most probably be uncollectible. An aging analysis of the rest of the accounts receivables indicated that an estimated 6% of these accounts would not be collectible. 8. Required inform 0.45 points You did not receive full credit for this question in a previous attempt Required Prepare the adjusting entry for this company to recognize bad debts.(Round your intermediate calculations and and final answers to the nearest dollar amount. Omit the "$" sign in your response.) General Journal Credit Dec 31 Bad debts expense Allowance for doubtful accounts . Date 4000 4000 References Worksheet Difficulty Hard Learning Objective: 09-P2 Apply the allowance method and estimate uncollectibles based on sales and COURS cevable Previous attempt

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