Maze Supply Company uses the percent of accounts recelvable method: On December 31, it has outstanding accounts receivablo of 5108,500 , and it estimates that 5% will be uncollectible. Prepare the yearend adjusting entry to record bad debts expense under the assumption that the Allowance for Doubtful Accounts has: (ah a $1,845 credit balance before the adjustment. (b) a $543 debit balance before the adjustment. Journal entry worksheet 2 Prepare the yoar-end adjusting entry to record bad debts expense under the assumption that the Allowance foe Doubtiul Accounts has a $1,845 crodit balanco before the adjustment. Mazie Supply Company uses the percent of accounts roceivable method. On December 31, it has outstanding accounts recelvable of $108,500, and it estimates that 5% will be uncollectible Prepare the yeor-end adjusting entry to record bad dobts expense-under the assumption that the Allowonce for Doubthil Accounts has: (e) o \$1,845 credit balance before the adjustment (b) o $543 debit balance before the adjustment Journal entry worksheet Srepare the yearend adjusting entry to record bad debts expense under the assumption that the Allowance tor Doubtful Accounts has a $543 debit balance before the adyistment Wokn t miec bejbies thelore credits