Mazle Supply Company uses the percent of accounts receivable method On December 31, it has outstanding accounts receivable of $132,500, 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 $2,253 credit balance before the adjustment (6) a $663 debit balance before the adjustment View transaction list Journal entry worksheet