Crane Company's ledger at the end of the current year shows Accounts Receivable of $156,000 (a) If Allowance for Doubtful Accounts has a credit balance of $4,680 in the trial balance and bad debts are expected to be 8% of accounts receivable, journalize the adjusting entry for the end of the period. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entry before credit entry) Account Titles and Explanation Bad Debt Expense Allowance for Doubtful Accounts Debit Credit If Allowance for Doubtful Accounts has a debit balance of $4,680 in the trial balance and bad debts are expected to be 8% of accounts receivable journalize the adjusting entry for the end of the period. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entry before credit entry) Account Titles and Explanation Debit Credit