Direct Write OR Hw8#9 if company uses the alowance method for uncolectible accounts, then the adjusting journal entry o record management estimate of the balance in the uncolectible account is: 3 peints A Dr. Bad Debt Expense and Gr. Accounts Receivable. Accounts Receivable. Doubtful Accounts Doubtful Accounts. Sales Revenue Dr. Allowance for Doubtful Accounts and Cr e Dr. Aceounts Recelvable and Cr. Allowance for o Dr. Bad Debt Expense and Cr. Allowance for Dea 10 Bad Debt Expense 1,000 HW8 10: If a company uses the allowance method for uncollectible accounts, then the journal entry to write-off an uncollectible customer account is: 3 points HWB 11: Indicate whether the receivables listed below, in the order presented, are reported on the Balance Sheet as Accounts Recelvable (AR), Notes Receivable (NRI or Other Recelvables (OR). 3 Points t. Sold goods on account to Beck Company of $30,000. 2. Accepted a $20,000 promissory note from a customer A Dr. Bad Debt Expense and Cr, Accounts B Dr. Allowance for Doubtful Accounts and Cr. c. Dr. Accounts Recelvable and Cr. Allowance for .Dr. Bad Debt Expense and Cr. Allowance for Recelvable. as payment on aceount re 3. Sold goods on account to Renner Inc. for $100,000 4, Loaned a company officer S40,000. Accounts Receivable. Doubtful Accounts. Doubtful Accounts. A AR and NR and AR and NR B. AR and NR and AR and OR C. NR and NR and AR and OR o. AR and NR and NR and OR HWBB12: textbook E8-3 Rose Corporation-Allowance Method for Uncollectible Accounts-Use T Accounts (12 pt) EX: Benson Inc. uses the allowance method in 2014, the balance in Accounts Recelvable was $650,000 of which 5% is estimated by management to be uncollectible. The Allowance for Doubtful Account has a Pease use the T Aecounts Inet oumat des to answer the questions () entry to record the estimated Bad Debt Expense? (useT Account Adewance for Doubetu A Debt Bad Debt Expense $32,500 and Credit Allowance for Doubtld Account $32,500 Debit Bad Debt Expense $28,500 and Credit Allowance for Doubtful Account $29,500 Debit Bad Debt Expense $35,500 and Credit Allowance for Doubtful Account $35,500 Sales Revenue