ve Suomi 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 $ 427,000 Debit 1,430 Debit 2,280,000 Credit All sales are made on credit. Based on past bxperience, 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 Debit Bad Debts Expense $9,245; credit Allowance for Doubtful Accounts $9.245 Debit Bad Debts Expense $10,675, credit Allowance for Doubtful Accounts $10,675 O Debilt Bad Debts Expense $12.905, credit Allowance for Doubtful Accounts $12.905 Debit Bed Debts Expense $5,700, credit Allowance for Doubtful Accounts $5,700