During its first year of operations, a company has credit sales of $500,000. By the end of the year, cash collections on credit sales total $250,000. The company estimates 5% of the accounts receivable outstanding at the end of the year to be uncollectible. The company's year-end adjusting entry for uncollectible accounts would be: Debit Bad Debt Expense; Credit Allowance for Uncollectible Accounts for \$12,500. Debit Allowance for Uncollectible Accounts; Credit Bad Debt Expense for $12,500. Debit Allowance for Uncollectible Accounts; Credit Accounts Recelvable for $12,500. Debit Bad Debt Expense: Credit Accounts Recelvable for $12,500