Age groupings Amount of accounts receivable Estimated percentages probably uncollectible Not yet due $220,000 1% 1-60 days past due $80,000 5% 61-90 days past due $30,000 20% Over 90 days past due $20,000 40% Based on the above figures, in the adjusting entry that should be recorded as of December 31, 2020: Select one: a. Allowance for Doubtful Accounts is debited for $4,530 and Uncollectible Accounts Expense is credited for $4,530 b.Uncollectible Accounts Expense is debited for $4,530 and Allowance for Doubtful Accounts is credited for $4,530 c.Allowance for Doubtful Accounts is debited for $20,200 and Uncollectible Accounts Expense is credited for $20,200 d.Uncollectible Accounts Expense is debited for $20,200 and Allowance for Doubtful Accounts is credited for $20,200