Crane Company's ledger at the end of the current year shows Accounts Receivable of $189,000. (a) Your answer is correct. If Allowance for Doubtful Accounts has a credit balance of $5,670 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. List all debit entry before credit entriy.) Account Titles and Explanation Debit Credit Bad Debt Expense 11340 Allowance for Doubtful Accounts 11340 (b) If Allowance for Doubtful Accounts has a debit balance of $5,670 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. List all debit entry before credit entry.) Account Titles and Explanation Debit Credit