Question: Provide the correct Answer wih explanation, Don't use chatGPT/AI bot other wise down vote, I am already post this question second time so please provide

Provide the correct Answer wih explanation, Don't use chatGPT/AI bot other wise down vote, I am already post this question second time so please provide correct Answer. Thank you

Aaron Servicing showed the following partial unadjusted results at October 31, 2023, its year-end: Account Debit Credit Sales $1, 660, 000 Accounts receivable $149, 060 Allowance for doubtful accounts 3, 200 Part 1 Required: a. Assuming Aaron estimates bad debts to be 1.5% of sales, prepare the adjusting entry at October 31, 2023

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