QUESTION 19 Acompany uses the percent of sales method to determine its bad debts expense. At the end of the current year, the company's unadjusted trial balance reported the following selected amounts: Accounts receivable Allowance for uncollectible accounts et Sales All sales are made on credit. Based on past experience, the company estimates that 0.69 of net credit sales are uncollectible. What amount should be debited to Bad Debts Expense when the year-end adjusting entry is prepared? $1,275 51,775 $4,500 $4,800 55,500