(b) Your answer is partially correct. If Allowance for Doubtful Accounts has a credit balance of $3,100 in the trial balance, journalize the adjusting entry at December 31, assuming uncollectibles are expected to be 10% of accounts receivable. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Dec. 31 Bad Debt Expense Allowance for Doubtful Accounts Debit 2870 Credit 2870 The ledger of Metlock Company at the end of the current year shows Accounts Receivable $141,000, Credit Sales $844,000, and Sales Returns and Allowances $26,000. Journalize the following independent situations. (a) Your answer is correct. If Metlock uses the direct write-off method to account for uncollectible accounts, journalize the entry at December 15, if Metlock determines that L. Dole's $2,300 balance is uncollectible. (Credit account titles are automatically indented when amount is entered. Do not indent manually) Date Account Titles and Explanation Dec. 15 Bad Debt Expense Accounts Receivable Debit 2300 Credit 2300