Allowance for doubtful accounts has a debit balance of $980 at the end of the current year (prior to adjustment). Net credit sales for the current period amount to $950,000 and 2.5% is estimated to be uncollectible. The adjusting entry would require a debit to: bad-debt expense for $23.750. allowance for doubtful accounts for $24.730. allowance for doubtful accounts for $22.770. accounts receivable accounts for $23.750