Dr. Cr. 50 Accounts Receivable $97,200 Allowance for Doubtful Accounts 1.890 Sales Revenue (all on credit)...

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Dr. Cr. 50 Accounts Receivable $97,200 Allowance for Doubtful Accounts 1.890 Sales Revenue (all on credit) $734,400 Give the entry for estimated bad debts assuming that the allowance is to provide for doubtful accounts on the basis of (a) 4% of gross accounts receivable and (b) 5% of gross accounts receivable and Allowance for Doubtful Accounts has a $1,830 credit balance. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) No. Account Titles and Explanation Debit Credit (a) (b) Dr. Cr. 50 Accounts Receivable $97,200 Allowance for Doubtful Accounts 1.890 Sales Revenue (all on credit) $734,400 Give the entry for estimated bad debts assuming that the allowance is to provide for doubtful accounts on the basis of (a) 4% of gross accounts receivable and (b) 5% of gross accounts receivable and Allowance for Doubtful Accounts has a $1,830 credit balance. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) No. Account Titles and Explanation Debit Credit (a) (b)