Mazle Supply Co uses the percent of accounts receivable method On December 31, it has outstanding accounts receivable of $76,500, and it estimates that 4% 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 $1,301 credit balance before the adjustment (b) a $383 debit balance before the adjustment. View transaction list Journal entry worksheet 1 2 Prepare the year-end adjusting entry to record bad debts expense under the assumption that the Allowance for Doubtful Accounts has a $1,301 credit balance before the adjustment. NO Enter debitore credits General Journal Debit Credit Transaction (a) Hecord entry Clear entry View general journal View transaction list Journal entry worksheet