Current Attempt in Progress Sunland Ltd. has prepared the following aging schedule for the company at December 31, 2024. The company uses the percentage of receivables approach to estimate uncollectible accounts. Number of Days Outstanding Total 0-30 31-60 61-90 91-120 Over 120 Accounts receivable $366500 $210500 $94000 $37000 $10500 $14500 % uncollectible 1% 4% 8% 16% 30% Estimated uncollectible accounts $14855 $2105 $3760 $2960 $1680 $4350 Assuming the company company has a $2220 debit balance in the allowance account at the beginning of the period, the journal entry to record bad debt expense will include a O credit to the Allowance account for $17075. O debit to the Allowance account for $14855. O credit to Bad Debt Expense for $17075 O debit to Bad Debt Expense for $14855. Save for Later Attempts: 0 of 1 used Submit Answer