Stain Removal Ltd. has prepared the following aging schedule for the company at December 31, 2021. The company uses the percentage of receivables approach to estimate uncollectible accounts. 120 Accounts receivable Number of Days Outstanding Total0-30 31-60 61-90 91-120 Over $ $ $ $ $ 375,000220,000 90,000 40,000 10,000 1% 16% 4% 8% % uncollectible Estimated uncollectible $ 15,000 Select one: O A. debit to the Allowance account for $15,100. OB. credit to the Allowance account for $16,100. OC. debit to Bad Debt Expense for $15,100. O D. credit to Bad Debt Expense for $16,100. 30% M accounts $15,100 $ 2,200 $3,600 $3,200 $ 1,600 $ 4,500 Assume that the company has a $1,000 debit balance in the allowance account before any adjustment for the current year's bad debt expense. The entry to record uncollectible accounts will include a

Stain Removal Ltd. hos prepared the following aging schedule for the company at December 31,2021 . The company uses the percentage of receivables approach to estimate uncollectible accounts. Assume that the company has a $1,000 debit balance in the ollowance account before any adjustment for the current year's bad debt expense. The entry to record uncollectible accounts will include a Select one: A. debit to the Allowance occount for 515,100 . if credit to the Allowance occount for 516,100 . c. debit to Bod Debt Expense for $15,300 D. Gredit to Bod Debt Expenie for $16,100