ave s EXIE TB MC Qu. 07-138 The unadjusted trial balance... The unadjusted trial balance at year-end for a company that uses the percent of receivables method to determine its bad debts expense, reports the following selected amounts: Accounts receivable Allowance for Doubtful Accounts Net Sales S 436, 000 Debit 1, 260 Debit 2,110, 000 Credit All sales are made on credit. Based on past experience, the company estimates 3.0 % of ending account receivable to be uncollectible. What adjusting entry should the company make at the end of the current year to record its estimated bad debts expense