Mazie Supply Company uses the percent of accounts receivable method. On December 31 , it has outstanding accounts receivable of $92,000, and it estimates that 3% 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 $1,564 credit balance before the adjustment. (b) a $460 debit balance before the adjustment. Journal entry worksheet Prepare the year-end adjusting entry to record bad debts expense under the assumption that the Allowance for Doubtful Accounts has a \$1,564 credit balance before the adjustment. Notez Enter debits before credits