Johnson Company uses the allowance method to account for uncollectible accounts receivable. Bad debt expense is established as a percentage of credit sales. For 2018, net credit sales totaled $4,500,000, and the estimated bad debt percentage is 1.5%. The allowance for uncollectible accounts had a credit balance of $42,000 at the beginning of 2018 and $40,000, after adjusting entries, at the end of 2018 15. Bad Debt Expense should be: A. 61,500 B. 67,000 C. 4,500,000 D. None of the above 16. Allowance for uncollectible accounts should be: A. 42,000 B. 69,500 C. 67,500 D. 29,500 17. Accounts receivable written off should be: A. 42,000 B. 69,500 C. 67,500 D. 29,500