Katie was asked to compute the adjusting entry to allow for bad debts for her company, which she found to be $27.000. For the period, bad debts were estimated to make up 20% of receivables (using the accounts receivable aging basis), based on a $65,000 balance in Accounts Receivable. The total Sales Revenue for the company is $290,000. Given this information, what was the beginning balance in the Allowance for Doubtful Accounts? $40,000 debit $14,000 debit $13,000 credit $29.000 debit