Oriole Company uses the percentage-of-receivables basis to record bad debt expense and concludes that 2% of accounts receivable will become uncollectible. Accounts receivable are $391.900 at the end of the year, and the allowance for doubtful accounts has a credit balance of 52,903 (a) Prepare the adjusting lournal entry to record bad debt expense for the yoar. of the allowance for doubtful accounts had a debit balance $827 instead of a credit balance of 52.903, prepare the adjusting journal entry for bad debt expense (b)