Is the answer of (c) totally anwered( Finished?) We do not do nothing with information that Allowance for Doubtful Accounts had a $650 credit balance before adjustment ?

(c) Assume that the company has a policy of providing for bad debts at the rate of 1% of sales, that sales for 2017 were $500,000, and that Allowance for Doubtful Accounts had a $650 credit balance before adjustment. Prepare the adjusting entry for the current year's provision for bad debts.