The trial balance before adjustment of Monty Inc. shows the following balances. Dr. Cr. Accounts Receivable $106,200 Allowance for Doubtful Accounts 2,065 Sales Revenue (all on credit) $802,400 Give the entry for estimated bad debts assuming that the allowance is to provide for doubtful accounts on the basis of (a) 4% of gross accounts receivable and (b) 5% of gross accounts receivable and Allowance for Doubtful Accounts has a $1,700 credit balance. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit (a) (b)

There is a debit and credit entry needed for parts A and B.