Solvent Ltd made credit sales of $500,000 during the 2023 year. Their allowance for doubtful debts policy is 5% of credit sales. They currently have $3 500 Cr, in the Allowance for Doubtful Debts account and $2 500 was written off as a bad debt during the year. What adjustment will be made at 30 June 2023? a. Dr. Allowance for Doubtful debts $25 000; Cr. Bad debts expense $25 000 b. Dr. Bad debts expense $21 500; Cr. Allowance for Doubtful debts $21 500 c. Dr. Allowance for Doubtful debts $21 500; Cr. Bad debts expense $21 500 d. Dr. Bad debts expense $24 000; Cr