Carlton company uses the percent of sales method to estimate its bad debt expense. based on past experience, the company estimates 2 percent of credit sales to be uncollectible. at the end of the current year, the company's unadjusted trial balance shows accounts receivable of $245,000 and credit sales of $900,000. prepare the necessary december 31 adjusting entry by selecting the account names from the drop down menus and entering the dollar amounts in the debit or credit columns. view transaction list journal entry worksheet 1 note: enter debits before credits. debit credit general journal date dec. 31