City Urgent Care Clinic uses the allowance method to account for its uncollectible accounts. It has the following balances on December 31 before any adjusting entries: Accounts Receivable = $80,000 Allowance for Uncollectible Accounts = $8,000 (credit) The clinic estimates uncollectible accounts to be 40% of accounts receivable. What year-end adjustment (adjusting entry) should be made for uncollectible accounts? Multiple Choice Account Debit Credit Bad Debt Expense 32,000 Allowance for Uncollectible Accounts 32,000 Account Debit Credit Bad Debt Expense 32,000 Accounts Receivable 32,000 Account Debit Credit Allowance for Uncollectible Accounts 24,000 Bad Debt Expense 24,000 Account Debit Credit Bad Debt Expense 24,000 Allowance for Uncollectible Accounts 24,000