During the year ABC recorded credit sales of $530,000. Before adjustments at year-end, ABC has accounts receivable of $370,000, of which 5520003 past due, and the allowance account had a credit balance of $3,000. Using the aging of receivables method, what would be the adjustment assuming ABC expects it will not collect 9% of the amount not yet past due and 21% of the amount past due? Bad Debt Expense Allowance for Uncollectible Accounts B. Bad Debt Expense Allowance for Uncollectible Accounts C. Bad Debt Expense Allowance for Uncollectible Accounts b. Allowance for Uncollectible Accounts Bad Debt Expense 39,540 39,540 42,540 42,540 36,540 36,540 36,540 36,540 Multiple Choice Option Option D Option