Question: Question 3: (BI&C1&D3) (10 points) A trial balance before adjustment included the following: Debit Credit Accounts receivable $80,000 730 Allowance for doubtful accounts Sales $340,000

Question 3: (BI&C1&D3) (10 points) A trial balance before adjustment included the following: Debit Credit Accounts receivable $80,000 730 Allowance for doubtful accounts Sales $340,000 Give journal entries assuming that the estimate of uncollectible is determined by: 1- Taking 5% of accounts receivable 2- Taking 1% of sales Answer of Question 3
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