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Mazie Supply Company uses the percent of accounts receivable method. On December 31, it has...

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Accounting

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Mazie Supply Company uses the percent of accounts receivable method. On December 31, it has outstanding accounts recelvabils it $89,500, and it estimates that 3% will be uncollectible Prepare the year-end adjusting entry to record bad debts expense under the assumption that the Allowance for Doistitul Accounts has: (a) a $1,522 credit balance before the adjustment (b) a $448 debit balance before the adjustment. Journal entry worksheet 2 Frepare the year-end adjusting entry to record bad debts expense under the assumption that the Allowance for Doubteful Accounts has a $1,522 credit balance before the adjustment. Wakes Enter debits befart credits. 589.500, and it estimates that 3ts will be uncollecbbee. Prepare the year-end adjusting entry to record bad debts expense under the assumimion that the Alowance for Dokibttid Accounsin has (a) a \$1,522 crecia balance before the adjustment. (t) a $448 debit balance before the adjustment Journal entry worksheet Pregare the year-end adjusting entry to record bad debes expense under the assumption that the Allowance for Doubeful Accounts has a 5+48 debit balance before the adjustment. Noteif Eriter debra before dedits

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