Question: what is the correct answer Question Content Area Allowance for Doubtful Accounts has a credit balance of $800 at the end of the year (before

what is the correct answer Question Content Area Allowance for Doubtful Accounts has a credit balance of $800 at the end of the year (before adjustment), and an analysis of receivables estimates the amount of uncollectible accounts to be $16,000. Based on this estimate, which of the following adjusting entries should be made? a. debit Bad Debt Expense for $15,200; credit Allowance for Doubtful Accounts for $15,200 b. debit Bad Debt Expense for $800; credit Allowance for Doubtful Accounts for $800 c. debit Bad Debt Expense for $16,800; credit Allowance for Doubtful Accounts for $16,800 d. debit Allowance for Doubtful Accounts for $800; credit Bad Debt Expense for $800

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