Crane Co uses the percentage-of-receivables basis to record bad debt expense. It estimates that 3% of accounts receivable will become uncollectible. Accounts receivable are $549,000 at the end of the year, and the allowance for doubtful accounts has a credit balance of $1,880. (a) Prepare the adjusting journal entry to record bad debt expense for the year. (Credit account titles are automotically indented when amount is entered. Do not indent manually.) eTextbook and Media List of Accounts Attempts: 0 of 3 used (b) The parts of this question must be completed in order. This part will be available when you complete the part above