Question 14 of 26 - 14.5 Swifty Corporation uses the percentage of receivables method for recording bad debts expense. The accounts receivable balance is $110000 and credit sales are $1110000. Management estimates that 4% of accounts receivable will be uncollectible. What adjusting entry will Swifty Corporation make if the Allowance for Doubtful Accounts has a credit balance of $1100 before adjustment? O Bad Debt Expense 3300 Accounts Receivable 3300 Bad Debt Expense 3300 3300 Allowance for Doubtful Accounts O Bad Debt Expense 4400 4400 Allowance for Doubtful Accounts Bad Debt Expense 4400 Accounts Receivable 4400