Business, 31.03.2020 04:21 selamh1999

The trial balance before adjustment of Pina Inc. shows the following balances.

Dr. Cr.
Accounts Receivable $97,400
Allowance for Doubtful Accounts 3,300
Sales Revenue (all on credit) $643,200

Give the entry for estimated bad debts assuming that the allowance is to provide for doubtful accounts on the basis of (a) 5% of gross accounts receivable and (b) 6% of gross accounts receivable and Allowance for Doubtful Accounts has a $1,689 credit balance.

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The trial balance before adjustment of Pina Inc. shows the following balances.

Dr. Cr.

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