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Question 24 6 pts Extremely Evil Ways provides the following information for the year ended December 31. The company uses the aging of receivables method to estimate uncollectible accounts. 120+ Days Outstanding Gross Accounts Receivable Estimated % Uncollectible 1 - 60 $2,000,000 2% 61 - 120 $3,000,000 5% $1,000,000 10% What is the adjusting journal entry to record BAD DEBT EXPENSE? The Allowance account has a $3,500 CREDIT balance before adjustment. SHOW YOUR WORK FOR POTENTIAL OF EARNING PARTIAL CREDIT IN THE CASE OF AN INCORRECT