View Policies Current Attempt in Progress Carla Vista Co uses the percentage of sales approach to record bad debt expense. It estimates that 15% of net credit sales will become un collectible Credit sales are $801,000 for the year ended April 30, 2021: les discounts we $1,000, accounts receivable are $279.000, and the allowance for doubtful accounts has acredit balance of $5.000. Prepare the adjusting entry to record bad debit expense in 2021. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. I no entry is required, select "No Entry for the account titles and enter for the amounts! Date Apr. 30 Account Titles and Explanation Debit Credit (To record estimate of uncollectible count)