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

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Accounting

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

Dr.

Cr.
Accounts Receivable $92,100
Allowance for Doubtful Accounts 1,910
Sales Revenue (all on credit) $645,700

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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