Prepare the adjusting journal entry to record bad debts expense at June 30 assuming that Marshall's allowance for doubtful accounts had a credit balance of $12,250 before adjustment. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation June 30 Debit Credit