Attemptse 3 of 3 used (b) If Allowance for Doubtful Accounts has a debit balance of $4,900 in the trial balance and bad debts are expected to be of accounts receivable, journalize the adjusting entry for the end of the period. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit e Textbook and Media List of Accounts Current Attempt in Progress The ledger of the Wildhorse Co. at the end of the current year shows Accounts Receivable of $212,000. (a) Your Answer Correct Answer Your answer is correct. If Allowance for Doubtful Accounts has a credit balance of $4,900 in the trial balance and bad debts are expected to be accounts receivable, journalize the adjusting entry for the end of the period. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Debit Credit Account Titles and Explanation Bad Debt Expense 14180 Allowance for Doubtful Accounts e Textbook and Media