(TCO B) Allowance for doubtful accounts on 1/1/1X was $60,000. The balance in the allowance account on 12/31/1X after making the annual adjusting entry was $55,000, and during 201X, bad debts written off amounted to $40,000. You are to provide the missing adjusting entry. Please indicate debit (DR) or credit (CR) to the left of the account title and place a comma between the account title and the amount of the adjustment.