D Question 30 Based on the following information for ABC Company, record the year-end adjustment for bad debt expense. ABC estimates uncollectible accounts to be 2% of net credit sales. Total credit sales of $700,000 occurred, sales returns of $28,000 and sales discounts of $7,000 were given. The Allowance for Uncollectible Accounts has a credit balance of $2,660. Option A Account DR CR Allowance for Uncollectible Accounts 10,640 Accounts Receivable Option B Account Bad Debt Expense 10,640 DR CR 14,000 Allowance for Uncollectible Accounts 14,000 Option C Account DR CR Bad Debt Expense 13,300 Accounts Receivable Option D Account Bad Debt Expense Allowance for Uncollectible Accounts 13,300 DR CR 15,960 15,960 Option E None of the Above O Option A O Option B