Shamrock Company reports the following financial information before adjustments. Prepare the journal entry to record bad debt expense assuming Shamrock Company estimates bad debts at (a) 4% of accounts receivable and (b) 4% of accounts receivable but Allowance for Doubtful Accounts had a $1,490 debit balance. (If no entry is required. seiect "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered, Do not indent manually.).

1. Shamrock Company reports the following financial information before adjustments. Prepare the
journal entry to record bad debt expense assuming Shamrock Company estimates bad debts at (a)
4% of accounts receivable and (b) 4% of accounts receivable but Allowance for Doubtful
Accounts had a $1,490 debit balance. (If no entry is required. seiect "No Entry" for the account
titles and enter O for the amounts. Credit account titles are automatically indented when the
amount is entered, Do not indent manually.)