please help with 7 and 8

uestion Completion Status: QUESTION 7 NR-$250,000, balance in the allowance for bad debts account credit $2,500; net credit sales for the year-$1,750,000 In the past 1% of sales proved to be uncollectible. An A/R aging indicates $17,500 will be uncollectible. Under the income statement sheet approach, what is the journal entry for bad debts? O a. debit allowance for bad debt, credit bad debt expense, $15,000 O b. debit bad debt expense, credit allowance for bad debt $17,500 c. debit allowance for bad debt, credit bad debt expense $17,500 O d. debit bad debt expense, credit allowance for bad debt $15,000 QUESTION 8 AR-S250,000, balance in the allowance for bad debts account-credit of $2.500, net credit sales for the year $1,750,000. In the past, 1% of sales proved to be ible. Under the balance sheet approach, what is the value of A/R net realizable le. An A/R aging indicates $17,500 will be u O a. $17,500 O b. $230,000 O c. $232,500 O d. $235,000 QUESTION 9 Which financial statement reports bad debt expense? a. statement of owner's equity b. income statement c. statement of cash flows and Submit to save and submit. Click Save All Answers to save all ansuvers