Question 34 (2 points) Which of the following are ways to estimate bad debts expense under the allowance method? Percent-of-sales Percent-of-receivables Aging-of-receivables Aging-of-payables Question 35 (2 points) The Allowance for Bad Debts account has a credit balance $300 of before the adjusting entry for bad debts expense. After analyzing the accounts in the accounts receivable subsidiary ledger using the aging-of-receivables method, the company's management estimates that uncollectible accounts will be $14,700. What will be the balance of the Allowance for Bad Debts reported on the balance sheet? a) $14,700 b) $300 c) $15,000 d) $14,400