50. A company ages its accounts receivables to determine its end of period adjustment for bad debts. At the end of the current year, management estimated that $15.750 of the accounts receivable balance would be uncollectible. Prior to any year-end adjustments, the Allowance for Doubtful Accounts had a debit balance of $375. Using the T-account template below, prepare the required adjusting entry to recognize bad debt expense. ASSETS LIABILITIES + EQUITY Non-current Assets Property, Plant & Intangible Equipmen Investment Assets/ Other Current Assets Current Liabilitie Non- Current Liabilitie Contribute d Capital Earned Capital Accumulate d OCI