ces Mazie Supply Co. uses the percent of accounts receivable method. On December 31, it has outstanding accounts receivable of $50,500, and it estimates that 3% will be uncollectible. Prepare the year-end adjusting entry to record bad debts expense under the assumption that the Allowance for Doubtful Accounts has: (a) a $859 credit balance before the adjustment. (b) a $253 debit balance before the adjustment. View transaction list Journal entry worksheet Prepare the year-end adjusting entry to record bad debts expense under the assumption that the Allowance for Doubtful Accounts has a $859 credit balance before the adjustment. Note: Enter debits before credits. Transaction (a) General Journal Debit Credit ok t nces Journal entry worksheet Prepare the year-end adjusting entry to record bad debts expense under the assumption that the Allowance for Doubtful Accounts has a $253 debit balance before the adjustment. Note: Enter debits before credits. Transaction (b) General Journal Debit Credit Record entry Clear entry View general journal