Mazie Supply Co uses the percent of accounts receivable method On December 31, it has outstanding accounts receivable of $78,500, and it estimates that 5% will be uncollectible Prepare the year-end adjusting entry to record bad debts expense under the assumption that the Allowance for Doubtful Accounts (a)a $1335 credit balance before the adjustment (b) a $393 debit balance before the adjustment View transaction fist View journal entry worksheet NO Transaction (a) 1 2,590 Bad debts expense Allowance for doubtful accounts 2,590 2 (b) Bad debts expense Allowance for doubtful accounts