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At December 31, Folgeys Coffee Company reports the following results for its calendar year Cash sales $918,000 318,000 Credit sales Its year-end unadjusted trial balance includes the following items Accounts receivable $143,000 debit 6,800 debit Allowance for doubtful accounts Prepare the adjusting entry to record bad debts expense assuming uncollectibles are estimated to be (1) 5 % of credit sales, (2) 3 % of total sales and (3) 8% of year-end accounts receivalble. View transaction list Journal entry worksheet