Mazle Supply Company uses the percent of accounts receivable method. On December 31 , it has outstanding $100,000, and it estimates that 2% will be uncollectible. Prepare the year-end adjusting entry to record bad debts expense under the assumption that the Allowance has: (a) a $1,700 credit balance before the adjustment. (b) a $500 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 $1,700 credit balance before the adjustment. Note: Enter debins before credits. Mazie Supply Company uses the percent of accounts receivable method. On December 31 , it ha $100.000, and it estimates that 2% will be uncollectible. Prepare the year-end adjusting entry to record bad debts expense under the assumption that the has: (a) a $1,700 credit balance before the adjustment. (b) a $500 debit balance before the adjustment. 1 Prepare the year-end adjusting entry to record bad debts expense under the assumption that the Allowance for Doubtful Accounts has a $1,700 credit balance before the adjustment. 2 Prepare the year-end adjusting entry to record bad debts expense under the assumption that the Allowance for Doubtful Accounts has a $500 debit balance before the adjustment. (d) a \$1,/UU credit Dalance Derore the adjustment. (b) a $500 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 $1,700 credit balance before the adjustment. Note: Enter debits before credits