please highlight the answer

9) Jones Co.s Allowance for Doubtful Accounts shows a balance of $2,000 (debit) before adjustment. Jones estimates that 2% of the $400,000 of Accounts Receivable may become uncollectable. The entry Jones should make to adjust the Allowance account is

A) Debit to Common Stock $8,000, Credit to Accounts Receivable $8,000

B) Debit to Bad Debt Expense $6,000, Credit to Allowance account $6,000

C) Debit to Allowance account $6,000 and Credit to Bad Debt Expense $6,000

D) Debit to Bad Debt Expense for $10,000 and Credit to Allowance Account for $10,000

10) When the Allowance account ends up with a debit balance in it

A) The allowance amount was not large enough the period before

B) The company is going to go out of business

C) The companys cash accounts will all empty at the same time

D) The companys credit policy is excellent

11) The Allowance for Doubtful Accounts is a (an)

A) Expense account

B) Equity account

C) Liability account

D) Contra-asset account

12) Pepper Co.s Allowance account had a credit balance of $10,000 before adjustment. A review of Accounts Receivable indicated the need for only a $5,000 allowance. The entry Pepper Co. should make to correct this is

A) Debit Allowance account $5,000, Credit Bad Debt Expense $5,000

B) Debit Cash $5,000, Credit Common Stock $5,000

C) Debit Office Equipment $5,000, Credit Accounts Payable $5,000

D) Debit Dividends $5,000, Credit Retained Earnings $5,000