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Shamrock, Inc. uses the percentage-of-receivables basis to record bad debt expense. The company estimates that 2% of accounts receivable will become uncollectible. (a) Prepare the adjusting journal entry to record bad debt expense for the year. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit eTextbook and Media List of Accounts Attempts: 1 of 5 used (b) What is the ending (adjusted) balance in Allowance for Doubtful Accounts? (Post entries in the order of journal entries posted in the previous part) What is the cash (net) realizable value? Cash (net) realizable value