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two parts please answer both Mazle Supply Company uses the percent of accounts recelvable method. On December 31, it has outstanding accounts receivable of $102,000,

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Mazle Supply Company uses the percent of accounts recelvable method. On December 31, it has outstanding accounts receivable of $102,000, and it estimates that 6% will be uncollectible. Prepare the year-end adjusting entry to record bad debts expense under the assumption that the Allowance for Doubtful Accounts has: (a) a $1,734 credit balance before the adjustment. (b) a $510 debit balance betore the adjustment. Journal entry worksheet 2 Prepore the year-end adjusting entry to record bad debts expense under the assumption that the Allowance for Doubtful Accounts has a $1,734 credit balance before the adjustinent. Notere I niter debits before credits. Mazie Supply Company uses the percent of accounts receivable method. On December 31 , it has outstanding accounts receivable of $102,000, and it estimates that 6% will be uncollectible. Prepare the year-end adjusting entry to record bad debts expense under the assumption that the Allowance for Doubtful Accounts has: (a) a $1,734 credit balance before the adjustment. (b) a $510 debit balance before the adjustment. Journal entry worksheet Prepare the yeariend adjusting entry to record bad debts expense under the assumption that the Allowance for Doubtful Accounts has a $510 debit balance before the adjustment

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