D Question 17 At each year-end, Blair Company uses the allowance method percent of receivables approach to estimate bad debts On December 31, 2019, it has outstanding accounts receivable of $75.000, and it estimates that 2% will be uncollectible. Allowance for Doubtful Accounts has a $300 credit balance before the adjustment. In the adjusting entry to record bad debt expense for 2019. the company wit Debat Debt Expense $1,800cret Allowance for Doubtful Accounts $1800 Debit ad Debt Expense 1.200 credit Allowance for Doubtful Accounts $1.200 Debit Allowance for Douth Accounts $1.200, cred Blad Det Expense $1.200 Debit Bed Debit pense $1.500.cre o wance for Do Accounts $1.500 D Question 18 5 pts On January 1, 2017. a company purchases equipment for $49.000. The company uses the straight line depreciation method and estimates that the equipment will have a w salvage value of $4,000. The company's anal accounting period ends on December 31. In the adjusting entry on December 31, 2019. the company wit i de of 10 years and a Debt Depreciation bene creditoment SASCO Debit Depreciation Expense 4.900 credit Accumulated Depreciation S4 900 Debit Depreciation Expense $400 credit Accumud Depreciation S400 Der Depreciation Experte 14.500 credit Accumulated Depreciation $4.500 Question 19 Depreciation Expense pears on which financial statement? Balance sheet Bankreconciliation Income statement Statement owner's sity