Question Help A business maintains subsidiary accounts for each of its customers. On May 15, the business provides services on account $1,600 to customer J. Anthony, $4,400 to customer A. Martin, and $1,400 to customer S. Lee. Which journal entry is needed to record these transactions? OA. May 15 Accounts Receivable Control 7,400 Sales Revenue 7,400 May 15 Accounts Receivable - J. Anthony Accounts Receivable - A Martin Accounts Receivable -S. Lee Accounts Receivable - Control 1,600 4,400 1,400 7,400 O B. May 15 Service Revenue Accounts Receivable 7,400 7,400 OC. May 15 Accounts Receivable - J. Anthony Accounts Receivable - A Martin Accounts Receivable - S. Lee Service Revenue 1,600 4,400 1,400 7,400 OD. May 15 Accounts Receivable Service Revenue 7,400 7,400 Question Help O The Allowance for Bad Debts account has a credit balance of $9,000 before the adjusting entry for bad debts expense After analyzing the accounts in the accounts receivable subsidiary ledger using the aging - of - receivables method, the company's management estimates that uncollectible accounts will be $14,000. What will be the balance of the Allowance for Bad Debts reported on the balance sheet? OA $5,000 OB. $12,600 OC. $14,000 OD. $23,000