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At December 31, Folgeys Coffee Company reports the following results for its calendar year Cash sales Credit sales 919,000 319,000 0.66 points Its year-end unadjusted trial balance includes the following items. Accounts receivable Allowance for doubtful accounts $144,000 debit 6,900 debit eBook Prepare the adjusting entry to record bad debts expense assuming uncollectibles are estimated to be (a) 6% of credit sales, (b) 4% of total sales and (c) 9% of year-end accounts receivable. Hint View transaction list References Journal entry worksheet Record Bad Debts Expense assuming uncollectibles are estimated to be 6% of credit sales Note: Enter debits before cedits Debit Credit 13 At December 31, Folgeys Coffee Company reports the following results for its calendar year Cash sales Credit sales 919,000 319,000 ints Its year-end unadjusted trial balance includes the following items Accounts receivable A11 owance for doubtful accounts $144,000 debit 6,900 debit Book Prepare the adjusting entry to record bad debts expense assuming uncollectibles are estimated to be (a) 6% of credit sales, total sales and (c) 9% of year-end accounts receivable. 4% of Hint View transaction list References Journal entry worksheet Record Bad Debts Expense assuming uncollectibles are estimated to be 9% of year-end accounts recelvable. Note: Enter debits before credits Prev 13 of 15 EI Next>

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