D Question 11 4 pts Moon Inc. uses the percentage of receivables method for recording bad debt expense and reports $303,000 in accounts receivable. Management estimates that 3% of accounts receivable will be uncollectible. If the Allowance for Doubtful Accounts has a $900 debit balance before adjustment, what is the amount of bad debt expense adjustment Moon Inc. will record? O None of the suggested answers $8.190 O $900 O $9.090 O $9.990 4 pts Doyle's Company uses the percentage of receivables method for recording bad debt expense and reports $275,500 in accounts receivable. Management estimates that 2% of accounts receivable will be uncollectible. What adjusting entry will Doyle's Company make to record bad debt expense if the Allowance for Doubtful Accounts has a $3,000 credit balance before adjustment? DR: Bad Debt Expense $2.510. CR: Allowance for Doubtful Accounts $2.510 DR: Bad Debt Expense $3,000; CR: Allowance for Doubtful Accounts $3,000 O DR: Allowance for Doubtful Accounts $3,000: CR: Bad Debt Expense $3.000 O DR: Allowance for Doubtful Accounts $8.510: CR Bad Debt Expense $8,510 O DR: Bad Debt Expense $8,510: CR: Allowance for Doubtful Accounts $8.510