2 per Dr B Valli Company uses the percentage of sales method for recording D bad debts expense. For the year, cash sales are $700,000 and credit sales are $2,500,000. Management estimates that 1% is the sales percentage to use. What adjusting entry will Valli Company c C make to record the bad debts expense? BCr 3 Dr Dr A d B de An aging of a company's accounts receivable indicates that $6,000 are estimated to be uncollectible. If Allowance for 4 Doubtful Accounts has a $800 credit balance, the adjustment to de record bad debts for the period will require a