The journal entry to record the estimated bad debts expense for 2021 should include: A. A debit to bad debts expense for $770. B. A credit to allowance for doubtful accounts for $5,690. C. A debit to bad debts expense for $1,250. D. A debit to bad debts expense for $6,650.

Assume for questions 7 to 9 that the aging of accounts receivable method is used to estimate bad debts expense. You prepare the following analysis of aged accounts receivable at the end of the hscal years, 2020 and 2021. (Hint: use T-accounts to keep track of the various details.) Analysis of Aged Accounts Receivable Not Yet Past Due Due 1-60 Over 60 Current Total days days Accounts receivable, S18,400 9/30/2020 $4,700 $1.600 $24,700 Accounts receivable, 24,300 5,600 2.000 $31.900 9/30/2021 Estimated % uncollectible 10% 40% 75%