Given the balance in the Allowance for Doubtful Accounts of $290 credit, prepare adjusting entries for Bad

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Given the balance in the Allowance for Doubtful Accounts of $290 credit, prepare adjusting entries for Bad Debts based on the following assumptions:
a. Bad debts to be 3.5% of net credit sales or $720.
b. Based on aging of Accounts Receivable, bad debts should be $560.

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