Question: Journalize the adjusting entry on December 31, 2018, for Bad Dobts Expense, which is estimated to bo 5% of net credit sales. The income statement

Journalize the adjusting entry on December 31, 2018, for Bad Dobts Expense, which is estimated to bo 5% of net credit sales. The income statement approach is used. The following information is given: Click on the icon to view the T accounts.) (Mocord debits first, then credits. Exclude explanations from journal entries.)

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