The trial balance before adjustment of Kingbird, Inc. shows the following balances: Dr. $101,400 1,905 Accounts receivable Allowance for doubtful accounts Sales revenue (all on credit) Sales returns and allowances $666,500 30,400 (a1) Give the entry for bad debt expense for the current year assuming the allowance should be 4% of gross accounts receivable. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit Save for Later Attempts: 0 of 1 used Submit Answer Question Part Score --/2 Give the entry for bad debt expense for the current year assuming historical records show that, based on accounts receivable aging, the following percentages will not be collected: (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Percentage Estimated Balance to Be Uncollectible 0-30 days outstanding $34,300 1% 31-60 days outstanding 45,900 5% 61-90 days outstanding 12,000 12% Over 90 days outstanding 9,200 18% Account Titles and Explanation Debit Credit