Bramble Co. uses the percentage-of-receivables basis to record bad debt expense and concludes that 2% of accounts receivable will becorne uncollectible. Accounts receivable are $370,200 at the end of the year, and the allowance for doubtful accounts has a credit balance of $2,664. (a) Prepare the adjusting journal entry to record bad debt expense for the year. (b) If the allowance for doubtful accounts had a debit balance of $956 instead of acredit balance of $2.664, prepare the adjusting joumal entry for bad debt expense. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry' for the occount titles and enter Ofor the omounts.) No. Account ritles and Explanation (a) 8ad Debt Expense Nlowance for Doubtful Accounts (b) Bad Debt Expense. Alowince for Doubtuil Accounts Debit Credit