23) A company uses the percent of sales method to determine its bad debts expense. At the end of the current year, the company's unadjusted trial balance reported the following selected amounts: All sales are made on credit. Based on past experience, the company estimates that 0.5% of net sales are uncollectible. What amount should be debited to Bad Debts Expense when the year-end adjusting entry is prepared? All sales are made on credit. Based on past experience, company estimates that 0.5% of net sales are uncollectible. Wr amount should be debited to Bad Debts Expense when the year-e adjusting entry is prepared? 1513 2213 3950 5000 5350