A company uses the aging of receivables method. During the year, the company recorded credit sales of $640,000. Before adjusting entries at year-end, the company has accounts receivable of $370,000, of which $57,000 is past due, and the allowance account had a credit balance of $2.800. The company expects it will not collect 9% of the amount not yet past due and 25% of the past due accounts. Which of the following adjusting entries will the company record at year-end? Transaction Account Title Debit Credit A. Bad Debt Expense 42,420 Allowance for Uncollectible Accounts: 42,420 n. Bad Debt Expense 45,220 Allowance for Uncollectible Accounts 45,220 c. Bad Debt Expense 39,620 Allowance for Uncollectible Accounta 39,620 D. Allowance for Uncollectible Accounts 39,620 Bad Debt Expense 39,620 Multiple Choice O Option A Option Opton C