At the beginning of the current period, Newman Corporation had balances in Accounts Receivable of $201,100 and in Allowance for Doubtful Accounts of $9,900 (credit). During the period, Newman had credit sales of $805,800 and collections on account of $769,300. Newman uses a perpetual inventory system and determined that the cost of goods sold during the period was $669,500. Newman wrote off as uncollectible accounts receivable of $7,500. However, a $2,800 account previously written off as uncollectible was recovered before the end of the current period. Uncollectible accounts are estimated to total $25,400 at the end of the period. The adjusting entry to record bad debts expense for the period is: Bad Debt Expense 20,200 Allowance for Doubtful Accounts 20,200 Bad Debt Expense 15,500 Accounts Receivable 15,500 Bad Debt Expense 8,000 Allowance for Doubtful Accounts 8,000 Bad Debt Expense Accounts Receivable 25,400 25,400