Ca Chapter 5,6,8,9&100 24 C m.com Cere St & Company Bay? Help Seve & Ex A company has $30,000 in outstanding accounts receivable and it uses the allowance method to account for uncollectible accounts. Experience suggests that 4% of outstanding receivables are uncollectible. The curent balance (before adjustments) in the allowance for doubtful accounts is an $800 debit. The journal entry to record the adjustment to the allowance account includes a debit to Bad Debts Expense for Sub 1 Q Multiple Choice O O $3,000 $3.568 $3.632 $2,000 $4,400 > TO c 1 Q 4 3 41 4 C . 14 10 en 5 6 7 8 9 0 - W E R T Y U T O P 2 A S EL D F G H J K : " L > 2 Z X C V B N M 1