The ledger of Metlock Company at the end of the current year shows Accounts Receivable $141,000, Sales Revenue $844,000, and Sales Returns and Allowances $26,000. Journalize the following independent situations, If Allowance for Doubtful Accounts has a debit balance of $220 in the trial balance, journalize the adjusting entry at December 31, assuming bad debts are expected to be 6% of accounts receivable. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Dec. 31