On a piece of scrap paper, record an example of a reinstatement of a specific receivable previously written off under the allowance method. Then, select which answer choice is part of that transaction. O debit to Allowance for Doubtful Accounts O credit to Accounts Receivable O debit to Accounts Receivable credit to Bad Debt Expense You have just received notice that a customer of yours with an Account Receivable balance of $100 has gone bankrupt and will not make any future payments. On some scrap paper, show how you would directly write this off. Then, select which answer choice best represents this. O debit Allowance for Doubtful Accounts and credit Bad Debt Expense O debit Bad Debt Expense and credit Allowance for Doubtful Accounts Odebit Allowance for Doubtful Accounts and credit Accounts Receivable debit Bad Debt Expense and credit Accounts Receivable A company analyzes its receivables to estimate bad debt expense. The accounts receivable balance is $300,000 and an aging of accounts receivable shows that approximately $15,000 of the outstanding receivables will be uncollectible. Write the adjusting journal entry to account for the anticipated loss of income, then select which answer choice best represents that transaction. Debit Allowance for Doubtful Accounts for $15,000; Credit Accounts Receivable for $15,000 O Debit Bad Debt Expense for $15,000; Credit Allowance for Doubtful Accounts for $15,000 Debit Accounts Receivable for $15,000; Credit Bad Debt Expense for $15,000 Debit Bad Debt Expense for $15,000; Credit Accounts Receivable for $15,000