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The unadjusted trial balance at year-end for a company that uses the percent of receivables method to determine its bad debts experise reports the following

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The unadjusted trial balance at year-end for a company that uses the percent of receivables method to determine its bad debts experise reports the following selected amounts. Accounts receivable Allowance for Doubtful Accounts Net Sales $.451.600 Debit 1.410 Credit 2,250,000 Credit All sales ate made on credit. Based on past experience, the company estimates 2.5% 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 Debted Det Expense 19.00 Crotowance for Dout Accounts 59,005 Dette Detit pense 51275 Credit Allowance for Douth A $11275 Multiple Choice Debit Bad Debts Expense $9,865 credit Allowance for Doubtful Accounts $9,865. Debit Bad Debts Expense $11.275: credit Allowance for Doubtful Accounts $11,275. Debit Bad Debts Expense $12.685, credit Allowance for Doubtful Accounts $12,685. Debit Bad Debts Expense $5,650; credit Allowance for Doubtful Accounts $5,650. Debit Bad Debts Expense $15,650. credit Allowance for Doubtful Accounts $15,650

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