Mazie Supply Co. uses the percent of accounts receivable method. On December 31, it has outstanding accounts receivable of $134,000, 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 $2,278 credit balance before the adjustment. (b) a $670 debit balance before the adjustment. View transaction list Journal entry worksheet 2 Prepare the year-end adjusting entry to record bad debts expense under the assumption that the Allowance for Doubtful Accounts han a $2,278 credit balance before the adjustment, Note: Enter debits before credits General Journal Debit Credit Transaction (a) Record entry Clear entry View general journal