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Your answer is partially correct Oriole Company uses the percentage-of-receivable basis to record bad debt expense. Accounts receivable lending balance Allowance for doubtful accounts fonadjusted 5515.000 debit) 5.400 debiti The company estimates that 2% of accounts receivable wit become uncollectible Prepare the adjusting journal entry to record bad debt expense for the year (Credit account titles are automatically indented when amount is entered. Do not indent manually Account Titles and Explanation Debit Credit 1005400 105200 2.5/5 E www when amount is entered. Do not indent manually Account Titles and Explanation Debit Credit 1035400 Doccount 1035400 (1) What is the ending adjusted balance in Allowance for Doubtful Accounts? Ending ladjunted) balance in Allowance for Doubtful Accounts 1030000 ia What is the cash the realizable value? Casheraluable value 515000 Textbook and Media