Question: please help me asap During the current year, Sun Electronics. Incorporated, recorded credit sales of $770,000. Based on prior experience, it estimates a 2 percent


During the current year, Sun Electronics. Incorporated, recorded credit sales of $770,000. Based on prior experience, it estimates a 2 percent bad debt rate on credit sales. Required: Prepare journat entries for each transaction: Note: If no entry is required for a transactionvevent, select "No journal entry required" in the first account field. 1. On November 13 of the current year, an account receivable for $320 from a prior year was determined to be uncollectible and was written off. 2. At year-end, the appropriate bad debt expense adjustment was recorded for the current year. 2. At year-end, the appropriate bad debt expense adjustment was recorded for the current year. Journal entry worksheet Record the entry to write-off the uncollectible account. Note: Enter debits before credits. 2. At year-end, the appropriate bad debt expense adjustment was recorded for the current year. Journal entry worksheet Record the entry for bad debt expense. Note: Criser debits before credits
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