Check my work Mazie Supply Co. uses the percent of accounts receivable method On December 31, it has outstanding accounts receivable of $148,500, and it estimates that 4% 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 $2,525 credit balance before the adjustment (b) a $743 debit balance before the adjustment. View transaction that 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 $2,525 credit balance before the adjustment. Note: Enter debits before credits General Journal Deble Credit Transaction (a) Mazle Supply Co. uses the percent of accounts receivable method On December 31, it has outstanding accounts receivable of $148,500, and it estimates that 4% 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 $2,525 credit balance before the adjustment (b) a $743 debit balance before the adjustment View transaction lit nces Journal entry worksheet > 1 w 3 Prepare the year-end adjusting entry to record bad debts expense under the assumption that the Allowance for Doubtful Accounts has a $743 debit balance before the adjustment. Note Enter debts before credits Debit Credit General Journal Transaction (b)