Can you leave explanations for the answers, please! I Really want to learn how to do it. My professor is not doing a great job.

Vaughn Manufacturing uses the percentage-of-receivables basis to record bad debt expense and concludes that 3% of accounts receivable will become uncollectible. Accounts receivable are $421,400 at the end of the year, and the allowance for doubtful accounts has a credit balance of $3,027 b) If the allowance for doubtful accounts had a debit balance of $839 instead of a credit balance of $3,027, prepare the adjusting journal entry for bad debt (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation expense. Debit Credit