Question 6 4 points Save Answer On December 31, Burrell, Inc.'s books showed accounts receivable of $385,600, sales revenue of 51,480,000 (70% were on credit and Allowance for Doubtful Accounts of $1,600 (credit balance) Calculate and prepare journal entries to record the estimate for bad debts, assuming (1) Ten percent of the accounts receivable balance is assumed to be uncollectible. (2) Bad debis expense is estimated to be 2% of credit sales. (4 marks) Your answer should be in the following format: DR - account name and amount CR-account name and amount (2) DR account name and amount CR-account name and amount