Question: help Ws 2 points Seve A Question 2 Sama company has the following unadjusted account balances at December 31, 2021; Total Sales of $ 511,000,

help Ws 2 points Seve A Question 2 Sama company has

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Ws 2 points Seve A Question 2 Sama company has the following unadjusted account balances at December 31, 2021; Total Sales of $ 511,000, Accounts Receivable of $395,600 and the allowance was estimated as 3%of the total Account Receivable. The Allowance for Doubtful Accounts had a credit balance of $7,200, before the estimate was made. Required: Prepare the adjusting journal entry to record bad debts expense for 2021. Answer in the following format [Note. This is just an example and is not related to the question] Jan 1 Dr. Cash. 120 120 Cr. Owner capital For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Arial Ix EM Q AV Paragraph >

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