Chipman software recently reported the following amounts in its unadjusted trial balance at its year-end:

	Debits		Credits
Accounts Receivable	$	3,000
Allowance for Doubtful Accounts			$	20
Sales (assume all on credit)				44,000

Required:
1&2.	Prepare the adjusting journal entry required for the year. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)
	(i) Assume Chipman uses 1/4 of 1 percent of sales to estimate its Bad Debt Expense for the year.
	(ii) Assume instead that Chipman uses the aging of accounts receivable method and estimates that $80 of its Accounts Receivable will be uncollectible.