The ledger of the Sheridan Company at the end of the current year shows Accounts Receivable of $218,000. Your answer has been saved. See score details after the due date. If Allowance for Doubtful Accounts has a credit balance of $4,100 in the trial balance and bad debts are expected to be 9% of accounts receivable, journalize the adjusting entry for the end of the period. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) If Allowance for Doubtful Accounts has a debit balance of $4,100 in the trial balance and bad debts are expected to be 9% of accounts receivable, journalize the adjusting entry for the end of the period. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)