McClean Company uses the allowance method of accounting for bad debts and estimates the amount using the percent of receivables method. In 2023 , the company had net credit sales of $3,000,000. The December 31,2023 balance in Accounts Receivable at the end was $240,000 and the unadjusted balance in Allowance for Doubtful Accounts was $1,000 (credit). McClean estimates that 2% of the receivables balance will be uncollectible. The adjusting entry to record bad debts expense at December 31,2023 will include a. a debit to Bad Debts Expense for $3,800. b. a credit to Allowance for Doubtful Accounts for $4,800. c. a credit to Accounts Receivable for $3,800. d. a debit to Bad Debts Expense for $4,800. Clear my choice