Oriole Company uses the percentage of receivables basis to record bad debt expense and concludes that 2% of accounts receivable will become. Accounts are $391, 900 at of $2, 903. (a) Prepare the adjusting journal entry to record bad debt expense for the year. (b) If the allowance for doubtful accounts had a debit balance of $827 instead of a credit balance of $2, 903, prepare the adjusting entry for the bad debt expense. (credit account titles are automatically indented when amount is entered, Do not indent manually.)