Newton Company uses the allowance method of accounting for uncollectible accounts. On May 3, the Newton Company wrote off the $3, 000uncollectible account of its customer, P. Best On July 10, Newton received a check for the full amount of $3, 000 from Best. On July 10, the entry or entries Newton makes to record the recovery of the bad debit is: Accounts Receivable - P Best 3, 000 Bad Debts Expense 3, 000 Cash 3, 000 Accounts Receivable - P Best 3, 000 Cash 3, 000 Bad Debts Expense 3, 000Accounts Receivable - P Best 3, 000 Allowance for Doubtful Accounts 3, 000 Cash 3, 000 Accounts Receivable - P Best 3, 000D. Allowance for Doubtful Accounts 3, 000 Accounts Receivable - P Best 3 000 Accounts Receivable - P Best 3, 000 Cash 3, 000 Cash 3, 000 Accounts Receivable - P Best 3, 000 A method of estimating bad debts expense that involves a detailed examination of outstanding accounts and their length of time past due is the: Direct write-off method Aging of accounts receivable method Percentage of sales method D Percent of accounts receivable method Which of the following businesses would not have cost of goods sold. A jewelry store A grocery store A law firm A manufacturer of batteries All of the above would disclose cost of goods sold