var patent the company for advertising that would rur during October It is now October 31, and the advertising has run. Assume an original entry was made for prepaid advertising C. Sun Corporation sold $85.000 of goods on credit in January Year Two Company officials anticipated that $10,000 wil eventually prove uncollectible. In March Year Two, $2,000 of the accounts were discovered to be uncollectible and written off Present the journal entry or adjusting entry to record the following: (6 marks) a Sales transactions b. Recognition of bad debt oxpense c. Write off of bad debts