Question: 79) A company uses the allowance method and has estimated $2.000 of their Accounts Receivable as uncollectible. The journal entry to record the estimated uncollectible

 79) A company uses the allowance method and has estimated $2.000

79) A company uses the allowance method and has estimated $2.000 of their Accounts Receivable as uncollectible. The journal entry to record the estimated uncollectible amount is A) Allowance for Doubtful Accounts $2,000 Bad Debts Expense $2,000 B) Accounts Receivable $2,000 Allowance for Doubtful Accounts $2,000 C) Bad Debts Expense $2,000 Accounts Receivable $2.000 D) Bad Debts Expense $2,000 Allowance for Doubtful Accounts $2,000

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