Bad Debt Expense - Review Bing's Co. uses the balance sheet approach to estimate bad debts. It started 2021 with a credit balance of $10,000 in its allowance for doubtful accounts. Bing wrote off $200,000 of bad debt during 2021, and its aging of A/R indicates that it should have a credit balance of $5,000 in the allowance account. The journal entry to record bad debt expense should include a a. Debit to Bad Debt Expense of $195,000 b. Debit to the allowance for $195,000 C Credit to Bad Debt Expense of $205,000 d. Credit to the allowance for $205,000 to add notes Notes 2 8 00 - + 40 W-Business project manar