Prepare the adjusting journal entry to record bad debts expense at June 30 assuming that Pearl City's allowance for doubtful accounts had a credit balance of $12,170 before adjustment. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit June Bad Debts Expense 30 Allowance for Doubtful Accounts 36,800 36,800