Bad Debt Expense Journal Entry Record the end-of-period adjusting entry on December 31, in general journal form, for the estimated bad debt expense. Assume the following independent conditions existed prior to the adjustment: 2. Allowance for Doubtful Accounts has a debit balance of $385. If an amount box does not require an entry, leave it blank. Page: DATE ACCOUNT TITLE DOC. POST. NO. REF. DEBIT CREDIT 1 20-- Dec. 31 N w Bad Debt Expense Journal Entry Record the end-of-period adjusting entry on December 31, in general journal form, for the estimated bad debt expense. Assume the following independent conditions existed prior to the adjustment: 1. Allowance for Doubtful Accounts has a credit balance of $925. If an amount box does not require an entry, leave it blank. Page: DATE ACCOUNT TITLE DOC. POST. NO. REF. DEBIT CREDIT 1 20-- Dec. 31 Instructions Uncollectible Accounts-Percentage of Sales Alvin's Transport has total credit sales for the year of $190,000 and estimates that 3% of its credit sales will be uncollectible. Record the end- of-period adjusting entry on December 31, in general journal form, for the estimated bad debt expense. Assume the following independent conditions existed prior to the adjustment: 1. Allowance for Doubtful Accounts has a credit balance of $925. If an amount box does not require an entry, leave it blank. 2. Allowance for Doubtful Accounts has a debit balance of $385. If an amount box does not require an entry, leave it blank