(Solved): Sheridan, Inc, had net sales in 2025 of $1,416,000. At December 31,2025 , before adjusting entris ...

Sheridan, Inc, had net sales in 2025 of $\$1,416,000$. At December 31,2025 , before adjusting entriés, the balances in selected accounts were Accounts Receivable $\$352,500$ debit, and Allowance for Doubtful Accounts $\$4,130$ credit. Assume Sheridan prepares an aging schedule that estimates total uncollectible accounts at $\$33,000$. Prepare the entry to record bad debt expense. (If no entry is required, select "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. List debit entry before credit entry)