Assume the following unadjusted account balances at the end of the accounting period for James Avery Company: Accounts Receivable, $90,000; Allowances for Doubtful Accounts, $2,400 (debit balance); Credit sales, $720,000. If James Avery Company's past experience indicates credit losses of 2% of credit sales, the adjusting entry to estimate uncollectible accounts is: Bad Debt Expense 15,300 Allowance for Doubtful Accounts 15,300 Allowance for Doubtful Accounts 14,400 Bad Debt Expense Bad Debt Expense 14,400 Accounts Receivable 14,400 Bad Debt Expense 14,400 14,400 Allowance for Doubtful Accounts 14,400 Bad Debt Expense 12,000 Allowance for Doubtful Accounts 12,000