Save & ERIS During the year, Bears Inc. recorded credit sales of $650,000. Before adjustments at year-end, Bears has accounts receivable of $350,000, of which $54,000 is past due, and the allowance account had a credit balance of $2,500. Using the aging of receivables method, what would be the adjustment assuming Bears expects it will not collect 5% of the amount not yet past due and 23% of the amount past due? A. Bad Debt Expense Allowance for Uncollectible Accounts B. Bad Debt Expense Allowance for Uncollectible Accounts c. Bad Debt Expense Allowance for Uncollectible Accounts D. Allowance for Uncollectible Accounts Bad Debt Expense 27,220 27,220 29,720 29,720 24, 720 24,720 24,720 24, 720 Multiple Choice Option A Option D Option B