Three-part question

At December 31, Folgeys Coffee Company reports the following results for Its calendar year cash sales Credit sales $ 901,e0e 301,e0e Its year-end unadjusted trial balance Includes the following items. Accounts receivable Allowance for doubtful accounts $126,eee debit 5,1ee debit Prepare the adjusting entry to record bad debts expense assuming uncollectibles are estimated to be (a) 4% of credit sales, (b) 2 % of total sales and (c) 7 % of year -end accounts recevable. nces View transaction list Journal entry worksheet 1 2 3 Record Bad Debts Expense assuming uncollectibles are estimated to be 4% of credit sales. Note: Enter debits before credits Transaction General Journal Debit Credit Cash sales Credit sales $901,eee 3e01,eee Its year-end unadjusted trial balance Includes the following items. $126,ee0 debit 5,10e debit Accounts receivable Allowance for doubtful accounts Prepare the adjusting entry to record bad debts expense assuming uncollectibles are estimated to total sales and (c) 7% of year-end accounts recelvable. View transaction list Journal entry worksheet T Record Bad Debts Expense assuming uncollectibles are estimated to be 2% of total sales. Note: Enter debits before credits Transaction General Jourmal Debit Credit Record entry Clear entry View general journal ea Type here to search a $901,eee 301,eee Cash sales Credit sales Its year-end unadjusted trial balance Includes the following items. $126,0ee debit 5,100 debit Accounts receivable Allowance for doubtful1 accounts Prepare the adjusting entry to record bad debts expense assuming uncollectibles are estimate total sales and (c) 7% of year-end accounts receivable. View transaction list Journal entry worksheet 2 1 Record Bad Debts Expense assuming uncollectibles are estimated to be 7% of year-end accounts receivable. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal ype here to search a