Assume the following unadjusted account balances at the end of the accounting period for Jaroslav Company: Accounts Receivable, $60,000; Allowances for Doubtful Accounts, $1,600 (debit balance); Net sales, $480,000. If Jaroslav Companys past experience indicates credit losses of 2% of net sales, the adjusting entry to estimate uncollectible accounts is: A) Bad Debts Expense 9,600 Allowance for Doubtful Accounts 9,600 B) Bad Debts Expense 10,200 Allowance for Doubtful Accounts 10,200 C) Bad Debts Expense 8,000 Allowance for Doubtful Accounts 8,000 D) Bad Debts Expense 9,400 Accounts Receivable 9,400