Question: Urgent Help Please 2 points Question Sama company has the following unadjusted account balances at December 31, 2021, Total Sales of $720,000, Accounts Receivable of

Urgent Help Please

2 points Question Sama company has the following unadjusted account balances at December 31, 2021, Total Sales of $720,000, Accounts Receivable of $205,000 and the allowance was estimated as 35% of the total Account Receivable. The Allowance for Doubtful Accounts had a credit balance of $2,400, before the estimate was made Required: Prepare the adjusting journal entry to record bad debts expense for 2021 Answer in the following format (Note This is just an example and is not related to the question Jan 1 Dr. Cush 120 120 Cr. Owner capital For the toollur, press ALT+F10(PC) or ALT-FN-F10 (Mad *** BI US EE A 10pt I LV Paragraph V X o

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