Marigold Company reports the following financial information before adjustments. Dr. Cr. Accounts Receivable $169,500 Allowance for Doubtful Accounts Sales Revenue (all on credit) $2,060 841,800 Sales Returns and Allowances 54,450 Prepare the journal entry to record bad debt expense assuming Marigold Company estimates bad debts at (a) 4% of accounts receivable and (b) 4% of accounts receivable but Allowance for Doubtful Accounts had a $1,500 debit balance. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts, Credit account titles are automatically indented when the amount is entered. Do not indent manually.) No. Account Titles and Explanation (a) (b) Debit Credit