Mazle Supply Company uses the percent of accounts receivable method On December 31, it has outstanding accounts receivable of $55,000, 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 for Doubtful Accounts has (a) a $415 credit balance before the adjustment 10 a $291 debit balance before the adjustment View transaction that 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 $415 credit balance before the adjustment Note: Enter debts before credits