Current Attempt in Progress Oriole Corp uses the percentage-of-receivables basis to record bad debt expense. Accounts receivable (ending balance) Allowance for doubtful accounts (unadjusted) $515,000 (debit) 5,400 (debit) The company estimates that 2% of accounts receivable will become uncollectible. (a) Prepare the adjusting journal entry to record bad debt expense for the year. (List debit entry before credit entry. Credit account titles are automatically Indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.)

The compary estimates that 2 of accounts recelvable will bocome uncollectible. (a) Prepare the adjusting fournat entry to record bad debt expense for the year. Ast debit entry before credit entry, Credit account titier are automotically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter ofor the arnounts) What is the ending (adjusted) balarxe in Nlowance for Doubtful Accounts