if it company uses the percentage of credit sales to calculate the potential bad debt what is one side of a transaction for a company with the following information credit sales 100,000 accounts receivable $75,000 percentage 5% 1) debit bad debt expense for 500 2) credit bad debt expense for 500 3) credit bad debt expense for $10,000 4) debit bad debt expense for 375 5) debit bad debt expense for $10,000