1) Hahn Companyuses the percentage of sales method for recording bad debtsexpens

1) Hahn Companyuses the percentage of sales method for recording bad debtsexpense. For theyear cash sales are $300000 and credit sales are $1200000.Managementestimates that 1% is the sales percentage to use. What adjustingentry will HahnCompany make to record the bad debts expense?