Multiple Choice Question 108 Pina Colada Corp, uses the percentage of receivables method for recording bad debts expense. The accounts receivable batiance is $270000 and credit sales are $2710000. Management estimates hat 3% or accounts ecewable ill be uncollectie. what ac ust ng entry i' Pina Colada Corp. mke r the Allowance fr Doubtful Accounts Nas credit balance of S 2700 befre ad ust ent? Bad Debt Expense Allowance for Doubtful Accounts 5400 Bad Debt Expense 27100 Allowance for Doubtful Accounts Bad Debt Expense Accounts Receivable Bad Debt Expense 27100 Accounts Receivable