Tanning Company analyzes its receivables to estimate bad debt expense. The accounts receivable balance is $338,000 and credit sales are $1,000,000. An aging of accounts receivable shows that approximately 4% of the outstanding receivables will be uncollectible, what adjusting entry will Tanning Company make it the Allowance for Doubtful Accounts has a credit balance of $2,000 before adjustment? Oa Bad Debt Expense 11,520 Allowance for Doubtful Accounts 11,520 Ob. Bad Debt Expense 10.520 Allowance for Doubtful Accounts 10,520 Oc. Bad Debt Expense 12,520 Allowance for Doubtful Accounts 12.520 Od Bad Debt Expense 11,020 Allowance for Doubtful Accounts 11,020