Kersee Company has a credit balance of ($ 3,200) in Allowance for Doubtful Accounts. The estimated bad

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Kersee Company has a credit balance of $\$ 3,200$ in Allowance for Doubtful Accounts. The estimated bad debts expense under the percentage of sales basis is $\$ 4,100$, and the total estimated uncollectibles under the percentage of receivables basis is $\$ 5,800$. Prepare the adjusting entry under each basis.

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