Question: the bottom one is first and you need to create a journal entry for it In the space below, write the journal entries from the

 the bottom one is first and you need to create a
journal entry for it In the space below, write the journal entries
the bottom one is first and you need to create a journal entry for it
from the previous question (Required 1, 2 and 3 ). The preferred
format of your journal entry should be as follows: In each journal

In the space below, write the journal entries from the previous question (Required 1, 2 and 3 ). The preferred format of your journal entry should be as follows: In each journal entry, the debit(s) should come first. You may copy the table above into the answer area or make your own. Bad Debt Expense Explanation For the previous problem, please show your calculations for the bad debt expense calculated in Requirements 1,2 and 3. Briefly explain your work. Note: You may enter you calculations and explanation below or you may attach a file with your handwritten work. At December 31. Camino Tires Company reported the following results for its calendar year from the adjusted trial balance. Required 1: Calculate the adjusting entry to record Bad Debts Expense assuming uncollectibles are estimated to be 1.0% of credit sales. Enter amount here: Required 2: Calculate the adjusting entry to record Bad Debts Expense assuming uncollectibles are estimated to be 9.0% of year-end accounts receivable. Enter amount here: Calculate the adjusting entry to record Bad Debts Expense assuming uncollectibles are estimated using the aging of accounts receivable method based on the percentages below. Aging of Receivables

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