Mazle Supply Company uses the percent of accounts recelvable method. On December 31. It has outstanding accounts receivable of $52,000, 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 $884 credit balance before the adjustment. (b) a $260 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 $884 credit balance before the adjustment. Note: Enter debits before credits. Transaction General Journal Debit Credit (a) Record entry Clear entry View general journal Mazle Supply Company uses the percent of accounts recelvable method. On December 31, it has outstanding accounts receivable of $52,000, 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 $884 credit balance before the adjustment. (b) a $260 debit balance before the adjustment. View transaction list Journal entry worksheet