Question: Question 6 of 12 < Current Attempt in Progress Riverbed Company reports the following financial information before adjustments. Dr. Cr. Accounts Receivable $163,400 Allowance

Question 6 of 12 < Current Attempt in Progress Riverbed Company reports

Question 6 of 12 < Current Attempt in Progress Riverbed Company reports the following financial information before adjustments. Dr. Cr. Accounts Receivable $163,400 Allowance for Doubtful Accounts $3,660 Sales Revenue (all on credit) 815,700 Sales Returns and Allowances 50,260 /8 Prepare the journal entry to record bad debt expense assuming Riverbed Company estimates bad debts at (a) 4% of accounts receivable and (b) 4% of accounts receivable but Allowance for Doubtful Accounts had a $1.420 debit balance. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually) No. Account Titles and Explanation (a) (b) Debit Credit

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