Business

14 July, 03:16

A company uses the allowance method and expects to not collect $15,000 of sales. The journal entry to record the estimated bad debt is which of the following?

A. Bad-Debt Expense $15,000

Allowance for Doubtful Account $15,000

B. Allowance for Doubtful Accounts $15,000

Accounts Receivable $15,000

C. Accounts Receivable $15,000

Allowance for Doubtful Accounts $15,000

D. Allowance for Doubtful Accounts $15,000

Bad-Debt Expense $15,000

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