The ledger of Sheffield Company at the end of the current year shows Accounts Receivable $148,000, Sales Revenue $841,000, and Sales Returns and Allowances $30,000. Journalize the following independent situations. If Allowance for Doubtful Accounts has a credit balance of $2,200 in the trial balance, journalize the adjusting entry at December 31, assuming bad debts are expected to be 11% 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