Crane Company uses the percentage of receivables method for recording bad debt expense. The accounts receivable balance is $ 590000 and credit sales are $ 2600000. Management estimates that 3% of accounts receivable will be uncollectible. What adjusting entry will Crane Company make to record bad debt expense if the Allowance for Doubtful Accounts has a $ 4500 credit balance before adjustment? Bad Debt Expense 13200 13200 Allowance for Doubtful Accounts Bad Debt Expense 17700 Accounts Receivable 17700 Bad Debt Expense 13200 13200 Accounts Receivable Bad Debt Expense 17700 Allowance for Doubtful 1.7700 @