The Summer Company ages its accounts receivable and determined the allowance account should have a balance of $8,300.00. Prepare the necessary adjusting entry assuming: a. The allowance account has a credit balance of $275.00 before adjustments b. The allowance account has a debit balance of $275.00 before adjustments A/R BAD DEBITS: B Bad Debit Expenses \$8,025.00 Allownace for DA: $8,025.00 Bad Debit Expenses $8,575.00 Allownace for DA: $8,575.00