Swenson Industries uses the allowance method to record estimated bad debts in the same period that credit sales occur i Swenson determines that bad debt expense for the current year is $800, the adjusting entry would inlude: Multiple Choice a $800 credit to Accounts Receivable an $800 credit to Cash an 5800 credit to Bad Debt Expense on 5000 credit to Alowance for Doubtful Accounts Pre 1 of 3 III Next >