Mazle Supply Co. uses the percent of accounts receivable method. On December 31, it has outstanding accounts receivable of $78,000, 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 $1,326 credit balance before the adjustment. (b) a $390 debit balance before the adjustment. View transaction list 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 $390 debit balance before the adjustment. Note: Enter debits before credits General Journal Debit Credit Transaction (6) + Record entry Clear entry Vlow general Journal