Mazie Supply Company uses the percent of accounts receivable method. On December 31, it has outstanding accounts receivable of $69,500, 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 has: (a) a $1,182 credit balance before the adjustment. (b) a $348 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 has a $1,182 credit balance before the adjustment. Note: Enter debits before credits Transaction (a) General Journal Debit Credit Record entry Clear entry View general journal < Prev 3 of 6 21