Ordonez receivable? 5 E7-9 (Computing Bad Debts and Preparing Journal Entries) The trial balance before adjustment of Estefan Inc. shows the following balances. Dr. Cr. Accounts Receivable $80.000 Allowance for Doubtful Accounts 1,750 Sales Revenue (net, all on credit) $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) 1% of net sales