A retailer has the following information: Accounts: Debit Credit Accounts 78000 Receivable Allowance for 2575 Doubtful Accounts Total Sales 85500 Sales Returns and 1850 allowance What are correct adjusting journal entries assuming that the estimate of uncollectible is determined by taking 6% of Gross Accounts Receivable? Debit Credit 2555 Select one: A. Date Account 31/12 Bad Debt Expense Allowance for Doubtful Account 2555 B. Date Account Debit Credit 31/12 Bad Debt 5130 Expense Allowance 5130 for Doubtful Account c. Date Account Debit Credit 31/12 Bad Debt 4680 Expense Allowance 4680 for Doubtful Account 0 o Debit Credit 2105 D. Date Account 31/12 Bad Debt Expense Allowance for Doubtful Account 2105