Aimee Company has accounts receivable of P135,000 and a debit balance of

P1,050 in the Allowance for Bad Debts. Two-thirds of the accounts receivable are

current and one-third is past due. The firm estimates that 4% of the current accounts

and 8% of the past due accounts will prove to be uncollectible. The adjusting entry to

provide for Bad Debts Expense should be for:

a. P4,550 b. P5,600 c. P6,150 d. P6,650