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 receivable of $117,000 and it estimates that 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 $1,989 credit balance before the adjustment (b) a $585 debit balance before the adjustment View transaction ist 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 $1,989 credit balance before the adjustment, Noter tnter debits before credits Transaction General Journal Debit Credit