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assume the beginning balance on Janurary 1, 2022 in the allowance for doubtful accounts is $15,000. If an aging schedule shows $30,000, to be uncollectible,

assume the beginning balance on Janurary 1, 2022 in the allowance for doubtful accounts is $15,000. If an aging schedule shows $30,000, to be uncollectible, then the adjusting entry on December 31, 2022 to record bad debts for the period would include:

answer choices:

a credit to accounts receivable for $16,000

a credit to allowance for doubtful accounts for $38,000

a debt to bad debt expense for $2,000

a debt to bad expense for $15,000 (THIS IS THE WRONG ANSWER)

a credit to allowance for doubtful accounts for $28,000

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