Tamarisk Co. uses the percentage-of-receivables basis to record bad debt expense and concludes that 3% of accounts receivable will become uncollectible. Accounts receivable are $425,500 at the end of the year, and the allowance for doubtful accounts has a credit balance of $2,659 (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 $850 instead of a credit balance of $2,659, prepare the adjusting journal entry for bad debt expense. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. I no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)