Carla Vista Co. uses the percentage-of-receivables basis to record bad debt expense. Accounts receivable (ending balance) Allowance for doubtful accounts (unadjusted) $457,000 (debit) 5,200 (debit) The company estimates that 2% of accounts receivable will become uncollectible. (a) Your Answer Correct Answer (Used) Prepare the adjusting journal entry to record bad debt expense for the year. (Credit account titles are automatically indented wh amount is entered. Do not indent manually.) Account Titles and Explanation Bad Debt Expense Allowance for Doubtful Accounts Debit 14,340 Credit 14,340