An aging of a company's accounts receivable indicates that $13,000 are estimated to be uncollectible. If Allowance for Doubtful Accounts has a $1,200 debit balance, the adjustment to record bad debts for the period will require a Select one .a. debit to Bad Debt Expense for $11,800 O b. debit to Bad Debt Expense for $13,000 O .c. debit to Allowance for Doubtful Accounts for $11,800 O d. credit to Allowance for Doubtful Accounts for $14,200 O Cosmos Company uses the percentage of sales method for recording bad debts expense. For the year, cash sales are $700,000 and credit sales are $2,500,000. Management estimates that 1% is the sales percentage to use. What adjusting entry ?will Cosmos Company make to record the bad debts expense Select one a. Bad Debt Expense 32,000 O Accounts Receivable 32,000 b. Bad Debt Expense 32,000 O Allowance for Doubtful Accounts 32,000 c. Bad Debt Expense 25,000 O Allowance for Doubtful Accounts 25,000 d. Bad Debt Expense 25,000 O Accounts Receivable 25,000