Question: Violet Company had credit sales of $210,000 during 2015. The balance in Allowance for Doubtful Accounts is a $970 debit balance. Journalize the Bad Debts

Violet Company had credit sales of $210,000 during 2015. The balance in Allowance for Doubtful Accounts is a $970 debit balance. Journalize the Bad Debts Expense for December 31 using each of the following methods:
a. Bad Debts Expense is estimated at 1.5% of credit sales.
b. The aging of indicates that $2,400 will be required in the Allowance account to cover Bad Debts Expense.

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