Question 5 --/1.5 View Policies Current Attempt in Progress Oriole Company has been in business several years. At the end of the current year, the unadjusted balances show: Accounts Receivable Sales Revenue Allowance for Doubtful Accounts $300,000 2,321,700 5,355 Bad debts are estimated to be 8% of receivables. Record adjustment to Allowance for Doubtful Accounts in a tabular summary. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Assets = Liabilities + Stockholders' Equity Allowance for Retained Earnings Accounts Receivable - doubtful accounts Common Stock Revenue Expense Beg. Bal. $ Adj