Question: Theo Co. has the following data for the current year: Accounts Receivable, December 31 $100,000 Allowance for Doubtful Accounts, December 31 (credit), unadjusted Total

Theo Co. has the following data for the current year: Accounts Receivable, December 31 $100,000 Allowance for Doubtful Accounts, December 31 (credit), unadjusted Total Sales Revenue $1069 $685110 Assuming the company estimates 4% of accounts receivable will be uncollected in the future, the adjusting journal entry to record the estimated bad debts should be for $ Show whole numbers in your answer. Do not include dollar signs, decimals, commas, etc. in your answer.

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