The trial balance before adjustment of Reba McIntyre Inc. shows the following balances.
| Dr. | Cr. | |||
| Accounts Receivable | $95,400 | |||
| Allowance for Doubtful Accounts | 1,970 | |||
| Sales Revenue (all on credit) | $722,600 |
Give the entry for estimated bad debts assuming that the allowance is to provide for doubtful accounts on the basis of (a) 4% of gross accounts receivable and (b) 2% of net sales. (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.)
| No. | Account Titles and Explanation | Debit | Credit |
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