Question $7$

On December $31.$ before adjusting entries, Accounts Receivable had a debit balance of $$700,000,$ ant! $14.$ Allowance for Doubtlul Accounts had a credit balance of $$3\mathrm{.}000.$ Credit sales for the vear were $$1800,$ i icom If the Bad Debt Expense adjustment was $$8,000$ :

The batance of the Allowance for Doubttut Accounts will be $$5\mathrm{.}000$ alter actustiment

The balance of the Allowance for Doubtful Accounts will be $$11\mathrm{.}000$ alter ad$|$ustrment

The balance of the Allowance for Doubtful Accounts will be $$8\mathrm{.}000$ alter adjustment

Bad Debts Expense for the year will be $$11\mathrm{.}000$