M8-8 Estimating Bad Debts Using the Aging Method [LO 8-2] Assume that Simple Co. had credit sales of $252,000 and cost of goods sold of $152,000 for the period. Simple uses the aging method and estimates that the appropriate ending balance in the Allowance for Accounts has a credit balance of $270 What amount of Bad Debt Expense would the company record as an end-of-period adjustment? Bad Debt Expense