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After writing off bad debts of $1 400 the allowance for doubtful debts account balance was $800 credit. What is the correct general journal entry
After writing off bad debts of $1 400 the allowance for doubtful debts account balance was $800 credit. What is the correct general journal entry to record an adjustment to bring the allowance for doubtful debts to 10% of accounts receivable of $20 000? Select one: a. Debit bad debts expense $1 200; credit accounts receivable $1 200 e b. Debit allowance for doubtful debts $1 200; credit accounts receivable $1 200 c. Debit bad debts expense $1 200; credit allowance for doubtful debts $1 200 d. Debit allowance for doubtful debts $1 200; credit bad debts expense $1 200 e e. Not one of the options
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