Allowance for Doubtful Accounts has a credit balance of $1,117 at the end of the year (before adjustment), and an analysis of customers' accounts indicates uncollectible receivables of $12,574. Which of the following entries records the proper adjustment for Bad Debt Expense? O a. debit Allowance for Doubtful Accounts, $11,457; credit Bad Debt Expense, $11,457 b. debit Allowance for Doubtful Accounts, $13,691; credit Bad Debt Expense, $13,691 c. debit Bad Debt Expense, $11,457; credit Allowance for Doubtful Accounts, $11,457 O d. debit Bad Debt Expense, $13,691; credit Allowance for Doubtful Accounts, $13,691 On October 1, Black Company receives a 8% interest-bearing note from Reese Company to settle a $18,200 account receivable. The note is due in six months. At December 31, Black should record interest revenue of O a. $364 O b. $374 OC. $371 Od. $361