Computing Bad Debts and Preparing Journal Entries) The trial balance before ad- justment of Estefan Inc. shows the following balances. Dr. Accounts Receivable Allowance for Doubtful Accounts Sales Revenue (net, all on credit) $80,000 1.750 $580,000 Instructions 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 receivables and allowance for Doubtful accounts has a $1,700 credit balance