During the year, Bears Inc, recorded credit sales of $690,000. Before adiustments at year-end, Bears has accounts receivable of $330.000, of which $53,000 is past due, and the allowance account had a credit balance of $2,500. Using the aging of receivables method, what would be the adjustment assuming Bears expects it will not collect 5% of the amount not yet past due and 24% of the amount past due? A. Bad Debt Expense Allowance for Uncollectible Accounts B. Bad Debt Expense Allowance for Uncollectible Accounts C. Bad Debt Expense Allowance for Uncollectible Accounts D. Allowance for Uncollectible Accounts Bad Debt Expense 26,570 26,57e 29,070 29,070 24,070 24,070 24,97 24,070 Multiple Choice o oo