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What adjusting entry would include debit to bad debt expense

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The general ledger for Accounts Receivable shows a debit balance of $25,000. Allowance for Doubtful Accounts has a credit balance of $1,500. Net sales for the year were $250,000. In the past, 3% of sales have proved uncollectible, and an aging of accounts receivables resulted in an estimate of $10,000 of uncollectible accounts receivable.

Problem 1: Using the accounts receivable aging method, the adjusting entry would include a debit to Bad Debts Expense for:

A. $10,750

B. $8,500

C. $10,000

D. $11,500

Reference no: EM132975411

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