During 2020 Joe Company recorded $400,000 Accounts Receivable, Sales Revenue was $1,300,000, Sales Return and Allowance $80,000 and Sales Discount $20,000. AFDA has a credit balance of $700.The adjusting entry at December 31, 2020 assuming that the expected bad debts are 5% of Accounts Receivable will include: " AFDA $1,199,300 AFDA $20,700 AFDA $20,000 AFDA $19,300 None of the above