1 Covid Sux Corp has the following information: December 31, 2020 balance of Accounts receivable: $300,000 December 31, 2020 balance in Allowance for doubtful accounts: $22,000. Credit sales for first quarter of 2021 (ending March 31, 2021): $450,000. Cash collections from customers (from prior credit sales transactions) of $280,000. 1a Assuming Covid Sux uses the percentage of sales method (with a 2% rate), the journal entry for bad debt expense for the quarter ended March 31 will include: a a debit to bad debt expense of 6,000 a debit to bad debt expense of 9,000 a debit to bad debt expense of 14,600 a credit to allowance for doubtful accounts of 6,000 a credit to allowance for doubtful accounts of 428,000 d e