On January 1 2021, Allowance for Doubtful Accounts ad a credit balance of $80,000. In 2021, $35,000 of uncollectible accounts receivable were written off. On December 31, 2021, the company had accounts receivable of $3,000,000. Experience indicates that 2% of total receivables will become uncollectible. The adjusting journal entry that would be recorded on December 31, 2021, would be: Debit Choose . . Credit Choose