Sama company has the following unadjusted account balances at December 31, 2021. Total Sales of $ 511,000, Accounts Receivable of $395.600 and the allowance was estimated as 3% of the total Account Receivable. The Allowance for Doubtful Accounts had a credit balance of $7.200, before the estimate was made Required: Prepare the adjusting journal entry to record bad debts expense for 2021. Answer in the following format [Note: This is just an example and is not related to the question] Jan 1 Dr. Cash 120 inn allow was made. Acc Required: Prepare the adjusting journal entry to record bad debts expense for 2021. Answer in the following format [Note: This is just an example and is not related to the question] Jan 1 Dr. Cash.............. 120 Cr. Owner capital..............120 For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 10pt > Tor M 111 > 111 >