& Exit Sub A company has $103,000 in outstanding accounts receivable and it uses the allowance method to account for uncollectible accounts. Experience suggests that 4% of outstanding receivables are uncollectible. The current balance (before adjustments) in the allowance for doubtful accounts is a(n) $930 credit. The journal entry to record the adjustment to the allowance account includes a debit to Bad Debts Expense for Multiple Choice $5,050 $4,083 $4,157 $3,190 $4,120