Open APPLE INC analyzes its receivables to estimate bad de bts expense. The accounts receivable balance is $400,000 and credit sales are $2,000,000. An aging accounts receivable shows that approximately 5% of the outstanding receivables will be uncollectible. What adjusting entry will 4. APPLE INC make i alowance for doubrtful accounts has a credit balance of $5,00 before adjustment? (S Points $25,000 $20,000 $15000 $10,p00 $10,000 .Bad Debt Expense Bad Debt Expense Bad Debt Expense Bad Debt Expense o Allowance for Doubtful Accounts o Allowance for Doubtful Accounts o Allowance for Doubtful Accounts o Allowance for Doubtful Accounts $15,000 $10,000 $10,000 $5,000