91) Allowance for Doubtful Accounts is closed at the end of every accounting period. Answer: TRUE OR FALSE 92) A company uses the allowance method and has estimated $2,000 of their Accounts Receivable as uncollectible. The journal entry to record the estimated uncollectible a A) Allowance for Doubtful Accounts $2,000 Bad Debts Expense $2,000 B) Accounts Receivable $2,000 Allowance for Doubtful Accounts $2,000 C) Bad Debts Expense $2,000 Accounts Receivable $2,000 D) Bad Debts Expense $2,000 Allowance for Doubtful Accounts $2,000