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Pallet company decides that the total allowance required for doubtful accounts is $6,000. There is a $4.000 credit balance in the account. The Journal entry

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Pallet company decides that the total allowance required for doubtful accounts is $6,000. There is a $4.000 credit balance in the account. The Journal entry to record the allowance for bad debts would be: a b Dr: Bad Debts Expense $2,000 Cr: Allowance for Bad Debts $2,000 Dr. Bad Debts Expense $6,000 Cr: Allowance for Bad Debts $6,000 Dr: Bad Debts Expense $4.000 Cr: Allowance for Bad Debts 54,000 Dr: Bad Debts Expense $10,000 Cr: Allowance for Bad Debts 510,000 d

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