Question 7 1 pts The Allowance for Doubtful Accounts has a credit balance of $1,100 at the end of the year (before adjustment.) Bad Debt Expense of $11,400 is recorded in the adjusting journal entry. After the adjusting Journal entry, what is the balance in the Allowance for Doubtful Accounts? $1,100 $11,400 $10,300 O $12.500 Question 8 1 pts The Allowance for Doubtful Accounts has a debit balance of $800 at the end of the year (before the adjusting journal entry) An analysis of the A/R at the end of the fiscal year indicates doubtful accounts total $15,000 O