Homework Question 2 of 20 View Polices Show Atenyt Hitary Current Attempt in Progress Oriole Company uses the percentage of receivables basis to record bad debt experne, Accounts receivable lending balance) Allowance for doubtful accounts lunadjusted) $440,000 (debit) 4,500 debit) The company estimates that 2% of accounts receivable will become uncollectible (a) 0.11/05 I Your answer is partially correct 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 Alay Dodd Accou eTextbook and Media List of Accounts Save for Later Attempts: unlimited Sub A