Seasons Hospital uses the allowance method to account for its uncollectible accounts. It has the following balances on December 31 before any adjusting entries: Accounts Receivable = $100,000; Allowance for Uncollectible Accounts = $1,000 (credit) The hospital estimates uncollectible accounts to be 25% of accounts receivable. What year-end adjustment (adjusting entry) should be made for uncollectible accounts? Multiple Choice Account Allowance for Uncollectible Accounts Bad Debt Expense Account Bad Debt Expense Accounts Receivable Account Bad Debt Expense Allowance for Uncollectible Accounts Account Bad Debt Expense Allowance for Uncollectible Accounts Debit Credit 24,000 Debit Credit 25,000 Debit Credit 25,000 Debit Credit 24,000 24,000 25,000 25,000 24,000