Help?

i thought the answer to A was calculated by 77400x4%= 3096 -1505= 1591 but it was incorrect. thanks

Exercise 7-09 Your answer is partially correct. Try again. The trial balance before adjustment of Flounder Inc. shows the following balances. Dr. Cr. Accounts Receivable $77,400 Allowance for Doubtful Accounts 1,505 Sales Revenue (all on credit) $584,800 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 $1,700 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.) Debit Credit No. Account Titles and Explanation (a) Bad Debt Expense Allowance for Doubtful Ace Bad Debt Expense Allowance for Doubtful (b) 2170 2170