At the end of its first year of operations, Patrick Company recorded credit sales. of $500,000. During the year the company collected half of the total credit sales. The company expects to collect 95% of the accounts receivable outstanding at the end of the year. The company's year-end adjusting entry for uncollectible accounts would be: Group of answer choices Debit Bad Debt Expense: Credit Accounts Receivable for $12,500. Debit Allowance for Uncollectible Accounts; Credit Bad Debt Expense for $12,500. Debit Bad Debt Expense; Credit Allowance for Uncollectible Accounts for $12,500. Debit Allowance for Uncollectible Accounts; Credit Accounts Receivable for $12,500. 5:13 AM