The ledger of the Wildhorse Co. at the end of the current year shows Accounts Receivable of $212,000. (a) If Allowance for Doubtful Accounts has a credit balance of $4,900 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.) The ledger of the Wildhorse Co. at the end of the current year shows Accounts Receivable of $212,000. (a) If Allowance for Doubtful Accounts has a credit balance of $4,900 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.)