Martinez Corp. has been in business several years. At the end of the current year, the unadjusted balances show:

Accounts Receivable		$321,300
Sales Revenue		2,041,500
Allowance for Doubtful Accounts		5,448

Bad debts are estimated to be 6% of receivables. Record adjustment to Allowance for Doubtful Accounts in a tabular summary. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

		Assets			=	Liabilities	+	Stockholders' Equity
				Allowance for						Retained Earnings
		Accounts Receivable	-	doubtful accounts	=		+	Common Stock	+	Revenue	-	Expense
Beg. Bal.
Adj.