- Before year-end adjusting entries were made, Sweeny, Inc.'s records disclosed an accounts receivable balance of $200,000 and credit. sales of $1,000,000. The contra account relating to accounts receivable has a debit balance of $6,000. In the past, 3\% of sales has proved to be uncollectible; whereas, 8% of accounts receivable has been uncollectible, Assuming that sweeney, Inc. uses the method that focuses on the balance sheet, which of the following adjusting entries is needed at year-end: Select one: a. DR Bad Debt Expense and CR Allowance for Doubtful Accounts for $10,000 b. DR Bad Debt Expense and CR Allowance for Doubtful Accounts for $22.000 c. DR Bad Debt Expense and CR Accounts Receivable for $16.000 d. DR Bad Debt Expense and CR Allowance for Doubtful Aecounts for $30,000