Question: Required . Prepare the adjusting entry to record bad debts under each separat a. Bad debts are estimated to be 1.5% of credit sales.

Required . Prepare the adjusting entry to record bad debts under each

Required . Prepare the adjusting entry to record bad debts under each separat a. Bad debts are estimated to be 1.5% of credit sales. b. Bad debts are estimated to be 1% of total sales. c. An aging analysis estimates that 5% of year-end accounts receiva Check Bad Debts Expense: (1a) $85,230, (1c) $80,085 Show how Accounts Receivable and the Allowance for Doubtful Ac part la.

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