Recording Bad Debts Sandel Company reports the following financial information before adjustments. Prepare the journal entry to record bad debt expense assuming Sandel Company estimates bad debts at
(a) 1% of net sales and
(b) 5% of accountsreceivable.
![](https://questions.transtutors.com/Transtutors001/Images/Transtutors001_b2968e26-9e46-40fb-af06-37daaa5d833d.PNG)