Please solve the given table in full! During the current year, Glatras Electronics recorded credit sales of $$680,000.$ Based on prior experience, It estimates a $3\mathrm{.}5$ percent

bad debt rate on credit sales.

Required:

Prepare journal entries for each of the following transactions.

a$.$ On October $28$ of the current year, an account recelvable for $$2,100$ from a prior year was determined to be uncollectible and was

written off.

b$.$ At year$-$end, the appropriate bad debt expense adjustment was recorded for the current year.

Complete the following table, indicating the amount and effect for each transaction.

Complete this question by entering your answers in the tabs below.

Prepare journal entries for each of the following transactions. $($If no entry is required for a transaction$/$event$,$ select $"$No journal entry

required" in the first account field.$)$

Journal entry worksheet

On October $28$ of the current year, an account receivable for $$2,100$ from a

prior year was determined to be uncollectible and was written off.

Note: Enter debits before credits.