Question: Use the information presented in BE8-4 for Battle Tank, Inc. (a) Instead of estimating the uncollectibles at 2% of net sales, assume that 10% of

Use the information presented in BE8-4 for Battle Tank, Inc.

(a) Instead of estimating the uncollectibles at 2% of net sales, assume that 10% of accounts receivable will prove to be uncollectible. Prepare the entry to record bad debts expense.

(b) Instead of estimating uncollectibles at 2% of net sales, assume Battle Tank prepares an aging schedule that estimates total uncollectible accounts at $24,600. Prepare the entry to record bad debts expense.

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