Question 8 Warren Company has a balance in Accounts Receivable at December 31, 2020 of $500,000 and the company estimates 8% of Accounts Receivable will eventually become uncollectible. the balance in the Allowance for Doubtful Accounts on December 31, 2020 before adjustment is a debit balance of 51.000, what would be the amount of Warren's adjusting entry for Bad Debes Expense on December 31, 20202 540.000 542.000 4100 599.000