IMG_5726.JPG 2 documents, 2 total pages OS @ 0 id bad debts Question 6 of 6 Wildhorse Cowes the percentage-of-receivables basis to record bad debt expense Accounts receivable lending balance) Allowance for doubtful accounts (unadjusted) $590,000 (debit 4,800 (debit) The company estimates that 3% of accounts receivable will become uncollectible. Prepare the adjusting journal entry to record bad debt expense for the year. (Credit account tites are atematically indented amount is entered Do not indent manuel Account Titles and Explanation Debit Credit With the distedi balinin Allowance for Doubtful Accounts in Allowance for Doubt Accounts $ M 16 ONA AN