At each calendar year-end, Mazie Supply Co. uses the percent of accounts receivable method to estimate bad debts, On December 31, 2017 , it has outstanding accounts recelvable of $111,500, and it estimates that 5% will be uncollectible. Prepare the adjusting entry to record bad debts expense for year 2017 under the assumption that the Allowance for Doubtful Accounts has: (a) a $1,896 credit balance before the adjustment. (b) a $558 debit balance before the odjustment. has: (a) a $1,896 credit balance before the adjustment. (b) a $558 debit balance before the adjustment. Journal entry worksheet Prepare the adjusting entry to record bad debts expense for year 2017 under the assumption that the Allowance for Doubtful Accounts has a $1,896 credit balance before the adjustment. Note: Enter debits before credits. (a) a $1,896 credit balance before the adjustment. (b) a $558 debit balance before the adjustment. Journal entry worksheet Prepare the adjusting entry to record bad debts expense for year 2017 under the assumption that the Allowance for Doubtful Accounts has a $558 debit balance before the adjustment. Note: Enter debits before credits