Question: Question 3 of 6 -/1 E View Policies Current Attempt in Progress Ayayai Company reports the following financial information before adjustments. Cr. Dr. $130,100 Accounts
Question 3 of 6 -/1 E View Policies Current Attempt in Progress Ayayai Company reports the following financial information before adjustments. Cr. Dr. $130,100 Accounts Receivable Allowance for Doubtful Accounts Sales Revenue (all on credit) Sales Returns and Allowances $3,310 808,500 52,830 Prepare the journal entry to record bad debt expense assuming Ayayai Company estimates bad debts at (a) 4% of accounts receivable and (b) 4% of accounts receivable but Allowance for Doubtful Accounts had a $1.490 debit balance. Of no entry is required. select "No Entry for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not Indent manually.) No. Account Titles and Explanation Debit Credit (a) (5) e Textbook and Media List of Accounts Save for Later Attempts: 0 of 3 used Submit Answer ED
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