Mazie Supply Co. uses the percent of accounts receivable method. On December 31, it has outstanding accounts receivable of $137.000, and it estimates that 6% will be uncollectible. Prepare the year-end adjusting entry to record bad debts expense under the assumption that the Allowance for Doubtful Accounts has (a) a $2.329 credit balance before the adjustment (b) a $685 debit balance before the adjustment. Journal entry worksheet A 1 2 Prepare the year-end adjusting entry to record bad debts expense under the assumption that the Allowance for Doubtful Accounts has a $2,329 credit balance before the adjustment. Note: Enter debits before credits General Journal Debit Credit Transaction (a) Record entry Clear entry View general journal 1 N Prepare the year-end adjusting entry to record bad debts expense under the assumption that the Allowance for Doubtful Accounts has a $685 debit balance before the adjustment. Note: Enter debits before credits. General Journal Debit Credit Transaction (b) Record entry Clear entry View general journal