Questions 5.556 points jne. Co sells home health care products In Year 2 it estimated it had $10.000 of bad debts related to credit sales. jones uses the lowance method to account for bad debts. The company made the proper adjusting estry at the end of the year. Which of the following correctly indicates the effects of the adjusting entry only on the company's financial statements? Assets Liabilities Equity Revenue Expense Net Inc. Cash Flow D N N Assets Liabilities Equity Revenue Expense Net Inc Cash Flow N N Assets Liabilities Equity Revenue Expense Net Inc Cash Flow D Assets Liabilities Equity Expense Net Inc. Cash Flow D N N N N D D Revenue N N N