A corrpary has $40,000 in outhtanding accounts feceivable thet it tises the Aging of Receivables Alewance Method. The Aging Schedule indicates that $2,000 of the total outstanding recenables are tancollectible. The current credi balance (belore adjustments) in the allowance for uncolectible accounts is s390. The journal entry to record the adjustment to the allowance account includes a debit to Bad Debt Expense for 52,300 True False