GroupMe X E Virtual Event Project Check-in + X + courses/1503204/quizzes/4903533/take Question 1 1 pts Attempt 1 Minu An aging of a company's accounts receivable indicates that $11.000 is estimated to be uncollectible. If the Allowance for Doubt Accounts has a $3,500 balance already, the adjustment to record bad (uncollectible) debts for period will require a(n): Increase to Bad Debt Expense for $7,500 Decrease in Bad Debt Expense for $7.500 Increase to Allowance for Doubtful Accounts for $11,000 Increase to Bad Debt Expense for $11.000 Decrease in Allowance for Doubtful Accounts for $7.500 Question 2 1 pts On December 31, 2020. Fun Accounting Company's Accounts Receivable balance was $3.000 and Bad