Question 1225 Question 12 4 points At the end of 2018. Murray State Lenders had a balance in its Allowance for Uncollectible Accounts of $4.500 (credit) before any adjustment. The company estimated its future uncollectible accounts to be $12,000 using the percentage of receivables method. Murray State's adjustment on December 31, 2018, to record its estimated uncollectible accounts included a Debit to Bad Debt Expense of $7.500; credit to Allowance for Uncollectible Accounts of 57.500 Credit to Allowance for Uncollectible Accounts of $7,500 Credit to Allowance for Uncollectible Accounts of $12,000 Debit to Bad Debt Expense of $7,500