On December 31, 2020, the balance in Wildhorse's Products Accounts Receivable was $375,760 and net credit sales amounted to $3,294,000 during 2020. An aging analysis of the accounts receivable indicated that $37,820 in accounts are expected to be uncollectible. Prepare the adjusting entries to record estimated bad debt expense using the percentage-of-receivables basis under each of the following independent assumptions: (a) Allowance for Doubtful Accounts has a credit balance of $2,806 before adjustment. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entry before credit entry.) Account Titles and Explanation Debit Credit Allowance for Doubtful Accounts has a debit balance of $443 before adjustment. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entry before credit entry.) Account Titles and Explanation Debit Credit