CALCULATOR PRINTER VERSION BACK Brief Exercise 7-6 Answer the following independent questions Tamarisk, Inc. had net sales in 2017 of $1,459,000. At December 31, 2017, before adjusting entries, the balances in selected accounts were Accounts Receivable $223,200 debit, and Allowance for Doubtful Accounts $1,891 debit. Assume that 11% of accounts receivable will prove to be uncollectible. Prepare the entry to record bad debt expense. (If no entry is required select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Dec. 31, 2017 SHOW LIST OF ACCOUNTS Study LINK TO TEXT Tamarisk, Inc. had net sales in 2017 of $1,459,000. At December 31, 2017, before adjusting entries, the balances in selected accounts were Accounts Receivable $223,200 debit, and Allowance for Doubtful Accounts $3,420 credit. Assume Tamarisk prepares an aging schedule that estimates total uncollectible accounts at $33,100. Prepare the entry to record bad debt expense. (If no entry is required, select "No Entry" for the account tities and enter O for the amounts. Credit account tities are automatically indented when the amount is entered Do not indent manually.) Date Dec. 31, 2017 Account Titles and Explanation Debit Credit MacBook Air FI DO FA #6