The Allowance for Bad Debts has a credit balance of $9,500 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 $18,000. What will be the amount of Bad Debts Expense reported on the income statement? O A. $8,500 O B. $27,500 C. $9,500 D. $18,000 The following information is from the records of Mountainview Camera Shop: Accounts receivable, December 31, 2018 Net credit sales for 2018 Accounts written off as uncollectible during 2018 Cash sales during 2018 $85.000 (debit) 160.000 17,000 43,000 The company uses the direct write-off method for bad debts. What is the amount of bad debts expense? A. $58,000 B. $17.000 C. $85.000 D. $43.000 Use the following to calculate the acid-test ratio. (Round your answer to two decimal places.) Cash Short-term investments Net current receivables Inventory Total current liabilities $110.000 17.000 280.000 290.000 780,000 A. 0.73 B. 6.47 0 0 0 0 C. 0.87 D. 0.5