Oriole Company uses the percentage of receivables method for recording bad debts expense. The accounts receivable balance is $280000 and credit sales are $2810000. Management estimates that 5% of accounts receivable will be uncollectible. What adjusting entry will Oriole Company make if the Allowance for Doubtful Accounts has a credit balance of $2800 before adjustment? 14000 Bad Debt Expense Allowance for Doubtful Accounts 14000 O Bad Debt Expense 14000 Accounts Receivable 14000 Bad Debt Expense 11200 11200 Allowance for Doubtful Accounts Bad Debt Expense 11200 Accounts Receivable 11200