accounting-Account Titles and Explanation Debit Credit

If Allowance for Doubtful Accounts has a credit balance of
$2,800 in the trial balance, journalize the adjusting entry at
December 31, assuming bad debts are expected to be (1) 2% of net
sales, and (2) 11% of accounts receivable.(Credit account titles
are automatically indented when amount is entered. Do not indent
manually.)

If Allowance for Doubtful Accounts has a debit balance of
$250 in the trial balance, journalize the adjusting entry at
December 31, assuming bad debts are expected to be (1) 3% of net
sales and (2) 7% of accounts receivable.(Credit account titles
are automatically indented when amount is entered. Do not indent
manually.)