Golden Rams Company has sales in the amount of $1,000,000 during 2020. Golden Rams uses the percentage of sales method for estimating uncollectible accounts, and it has the following account balances on December 31, 2020: Accounts Receivable $100,000 Allowance for Doubtful Accounts 1,000 (debit) Assume that Golden Rams Company expects 1% of sales to be uncollectible. What is the adjusting entry at December 31 for uncollectible accounts? O Debit: Bad Debts Expense, 11,000; Credit: Allowance for Doubtful Accounts, 11,000 O Debit: Bad Debts Expense, 10,000; Credit: Allowance for Doubtful Accounts, 10,000 Debit: Allowance for Doubtful Accounts, 9,000; Credit: Accounts Receivable, 9,000 Credit: Allowance for Doubtful Accounts, Debit: Bad Debts Expense, 9,000; 9.000