Michelins Training Center had trouble collecting its accounts receivable from Adrian. On February 24th 2019, Michelins decided to write off Adrian's $5,000 accounts receivable. Using the allowance method, which of the following correctly records the entry required for Michelins Training Center. Select one: Dr. Cash 5,000 Cr. Accounts Receivable 5,000 Dr. Bad debt expenses 5,000 Cr. Accounts Receivable 5,000 Dr. Accounts Receivable 5,000 Cr. Bad debt expenses 5,000 Dr. Allowance for bad debts 5,000 Cr. Accounts Receivable 5,000 Dr. Bad debt expenses 5,000 Cr. Allowance for bad debts 5,000