Uncollectible AccountsPercentage of Sales Ryan's Express has total credit sales for the year of $188,000 and estimates that 3% of its credit sales will be uncollectible. Record the end-of-period adjusting entry on December 31, in general journal form, for the estimated bad debt expense. Assume the following independent conditions existed prior to the adjustment: 1. Allowance for Doubtful Accounts has a credit balance of $925. If an amount box does not require an entry, leave it blank. 2. Allowance for Doubtful Accounts has a debit balance of $385. If an amount box does not require an entry, leave it blank.

Record the end-of-period adjusting entry on December 31, in general journal form, for the estimated bad debt expense. Assume the following independent conditions existed prior to the adjustment:

1. Allowance for Doubtful Accounts has a credit balance of $925. If an amount box does not require an entry, leave it blank.

Record the end-of-period adjusting entry on December 31, in general journal form, for the estimated bad debt expense. Assume the following independent conditions existed prior to the adjustment:

2. Allowance for Doubtful Accounts has a debit balance of $385. If an amount box does not require an entry, leave it blank.