Metlock, Inc. uses the percentage of receivables method for recording bad debts expense. The accounts receivable balance is $ 180000 and credit sales are $ 1810000. Management estimates that 3% of accounts receivable will be uncollectible. What adjusting entry will Metlock, Inc. make if the Allowance for Doubtful Accounts has a credit balance of $ 1800 before adjustment? Bad Debt Expense 3600 Accounts Receivable 3600 Bad Debt Expense 3600 3600 Allowance for Doubtful Accounts Bad Debt Expense 5400 Accounts Receivable 5400 Bad Debt Expense 5400 5400 Allowance for Doubtful Accounts