Using the percentage of receivables basis for recording bad debts expense, estimated uncollectible accounts are $40,000. If the balance of the Allowance for Doubtful Accounts is $10,000 debit before adjustment what is the balance after adjustment? Select one $40.000 S10,000 550.000 $30,000 Blue Company Made sales of $65,000 on VISA credit cards. The credit card service charge is 2%. The entry to record this transaction by Blue Company will include a credit to Sales Revenue of $65,000 and a debit(s) to