The unadjusted trial balance at year-end for a company that uses the percent of receivables method to determine its bad debts expense reports the following selected amounts: Accounts receivable Allowance for Doubtful Accounts Net Sales $444,000 Debit 1,348 Credit 2. 198, 008 Credit All sales are made on credit. Based on past experience, the company estimates 30% of ending account receivable to be uncollectible. What adjusting entry should the company make at the end of the current year to record its estimated bad debts expense? Multiple Choice All sales are made on Credit taseu on past experience, we company esmates 30% or encing account receivable to uncollecubie. W adjusting entry should the company make at the end of the current year to record its estimated bad debts expense? Multiple Choice Debit Bed Debts Expense $11.980: credit Allowance for Doubtful Accounts $11.980 Debit Bed Debts Expense $13,320: credit Allowance for Doubtful Accounts $13.320, Debit Bad Debts Expense $14,660;credit Allowance for Doubtful Accounts $14660 Debit Bad Debts Expense $6,570, credit Allowance for Doubtful Accounts $6.570 Debit Bad Debts Expense $11,980; credit Allowance for Doubtful Accounts $11,980. Debit Bad Debts Expense $13,320: credit Allowance for Doubtful Accounts $13,320. Debit Bad Debts Expense $14,660: credit Allowance for Doubtful Accounts $14,660. O Debit Bad Debts Expense $6,570; credit Allowance for Doubtful Accounts $6,570. Debit Bad Debts Expense $16,570: credit Allowance for Doubtful Accounts $16.570