Wildhorse, Inc. had net sales in 2025 of $1,430,300. At December 31,2025, before adjusting entries,...

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Accounting

Wildhorse, Inc. had net sales in 2025 of $1,430,300. At December 31,2025, before adjusting entries, the
balances in selected accounts were Accounts Receivable $239,200 debit, and Allowance for Doubtful
Accounts $1,903 debit. Assume that 11% of accounts receivable will prove to be uncollectible. Prepare the
entry to record bad debt expense. (If no entry is required, select "No Entry" for the account titles and
enter 0 for the amounts. Credit account titles are automatically indented when the amount is
entered. Do not indent manually. List debit entry before credit entry.)
t Titles and Explanation
Debit
Credit
lance for Doubtful Accounts
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