Blossom Company reports the following financial information before adjustments. Cr. Dr. $153,000 Accounts Receivable Allowance for Doubtful Accounts Sales Revenue (all on credit) Sales Returns and Allowances $3,030 834,500 50,540 Prepare the journal entry to record bad debt expense assuming Blossom Company estimates bad debts at (a) 5% of accounts receivable and (b) 5% of accounts receivable but Allowance for Doubtful Accounts had a $1.540 debit balance. (If no entry is required. select "No Entry" for the account titles and enter o for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually) No. Account Titles and Explanation Debit Credit (a) (b)