19 2 points Save Answer "Jamal Inc uses the percentage of receivables basis to estimate its bad debts. At December 31, 2016, Jamal estimates total bad debts that will become uncollectible in the future as JD 4,456. The existing balance in the Allowance for Doubtful Accounts is a credit balance of JD 1,056. The Accounts Receivable balance at December 31, 2016 is JD 79,200. The amount of the bad debt adjusting entry at December 31, 2016 will impact the statement of financial position accounts by 000O "Increasing the Allowance for Doubtful Accounts by JD 3,400," "Increasing the Allowance for Doubtful Accounts by JD 4.456" "Increase expenses by JD 4.456" "Increasing Accounts Receivable by JD 3,400