Accounts has Journal entry worksheet Prepare the adjusting entry to record bad debts expense for year 2015 under the assumption that the Allowance for Doubtful Accounts has a $2,023 credit balance before the adjustment. At each bad debts. On that 2% will be uncollectible year-end, Mancy Supply Co. uses the ber 31, 2015, it has outstanding accounts receivable of $119,000, and it estimates Prepare the adjusting entry to record bad debts expense for year 2015 under the essumption that the for Doubtful Accounts has (a) a $2,023 credit balance before the adjustment (b) a $595 debit balance before the adjustment. Journal entry worksheet Prepare the adjusting entry to record bad debts expense for year 2015 under the assumption that the Allowance for Doubtful Accounts has a $595 debit balance before the adjustment. Debit Credit Clear entry