The allowance account before adjustment has a debit balance of $5,400. Bad debt expense for the upcoming year is estimated to be 3% of net sales, which are $196,300. What is the amount of the adjusting entry to provide for doubtful accounts? 489 0o The allowance account before adjustment has a credit balance of $2,210. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $55,300 for the