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An aging of a company's accounts receivable indicates that estimate of the uncollectible accounts totals $4,757. If Allowance for Doubtful Accounts has a $1,156 credit

An aging of a company's accounts receivable indicates that estimate of the uncollectible accounts totals $4,757. If Allowance for Doubtful Accounts has a $1,156 credit balance, the adjustment to record the bad debt expense for the period will require a

Select the correct answer.

debit to Allowance for Doubtful Accounts for $4,757
debit to Bad Debt Expense for $3,601.
debit to Allowance for Doubtful Accounts for $3,601.
credit to Allowance for Doubtful for $4,757.

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