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Prepare the adjusting journal eptry to record bad debts expense at June 30 assuming that Crown Point's allowance for doubtful accounts had a credit balance

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Prepare the adjusting journal eptry to record bad debts expense at June 30 assuming that Crown Point's allowance for doubtful accounts had a credit balance of $13,160 before adjustment. (List all debit entries before credit entries. Credit decount tittes 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.) Prepare the adjusting journal eptry to record bad debts expense at June 30 assuming that Crown Point's allowance for doubtful accounts had a credit balance of $13,160 before adjustment. (List all debit entries before credit entries. Credit decount tittes 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.)

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