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Mazle Supply Company uses the percent of accounts recelvable method On December 31 , has outstanding accounts recelvable of $135,500, and it estimates that 2% wil be uncollecuble. Prepare the year-end adjusting entry to record bad debts expense under the assumption that the Allowance for Doubtuil Accounts nas (a) $2,304 credit balance before the adjustment. (bi a $578 debr balance before the adjustment Journal entry worksheet Prepare the yeamend adjustiog entry to record bad dabts aripense under the asumption that the Alloviance for Doulfful Accounts has a 52,304 credit balance before the adjustment