Question 16 (3 points) An aging of a company's accounts receivable indicates the estimate of uncollectible receivables totals $7,900. If Allowance for Doubtful Accounts has a $700 credit balance, the adjustment to record the bad debt expense for the period will require a debit to Bad Debt Expense for $8.600 debit to Bad Debt Expense for $7.900 debit to Bad Debt Expense for $7.200 credit to Allowance for Doubtful Accounts for $700