please answer in the same format

me has expired The mer wie you the minutes, 57 seconds Completion Status: & Moving to another question will save this response. Question 11 Question 1 pones Sama company has the following unadjusted account balances at December 31, 2021: Total Sales of $720,000, Accounts Receivable of $205.000 and the allowance was estimated as 3.5% of the total Account Receivable. The Allowance for Doubtful Accounts had a credit balance of $2,400, 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 Cr. Owner capital 120 For the toolbar, press ALT+F10 (PC) or ALT-FN-F10 (Mac) WINGAR VERS me has expired The mer wie you the minutes, 57 seconds Completion Status: & Moving to another question will save this response. Question 11 Question 1 pones Sama company has the following unadjusted account balances at December 31, 2021: Total Sales of $720,000, Accounts Receivable of $205.000 and the allowance was estimated as 3.5% of the total Account Receivable. The Allowance for Doubtful Accounts had a credit balance of $2,400, 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 Cr. Owner capital 120 For the toolbar, press ALT+F10 (PC) or ALT-FN-F10 (Mac) WINGAR VERS