The trial balance before adjustment of Risen Company reportsthe following balances: Cr Accounts receivable Allowance for doubtful accounts Sales (all on credit) Sales returns and allowances $100,000 $1,000 500,000 20,000 Prepare the entry for estimated bad debts assuming that doubtful accounts are estimated to be 5% of gross accounts receivable. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Credit Assume that all the information above is the same, except that the Allowance for Doubtful Accounts has a debit balance of $1,000 instead of a credit balance. Prepare the journal entry. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit