Jones, Inc. estimated It had 510,000 of bad debts related to credit sales it made during the current year Jones uses the allowance method to account for bad debts. The con effects of the adjusting entry only on the company's financial statements? Assets Liabilities Equity Revenue Expense Net Inc. Cash Flow D D D N D N Assets Liabilities Equity Revenue Expense Net Inc. Cash Flow N N N Assets Liabilities Equity Revenue Expense Net Inc. Cash Flow D N D N 0 Assets Liabilities Equity Revenue Expense Net Inc. Cash Flow D N D N D D N D e "allowance method to account for bad debts. The company made the proper adjusting entry at the end of the year. Which of the following correctly indicates the