A17. Gladesville Ltd recorded sales of $150 000 during the year (net of GST). Of these, $60 000 were on credit. Bad debts have averaged half a percent (72 %) of credit sales. The entry to estimate bad debt expense for the year using the allowance method is: (a) Bad Debts Expense Allowance for Doubtful Debts $300 $300 (b) Bad Debts Expense Allowance for Doubtful Debts $750 $750 (0) $300 Bad Debts Expense Accounts Receivable $300 (d) $750 Bad Debts Expense Accounts Receivable $750 (e) Allowance for Doubtful Debts Accounts Receivable $300 $300