The management of Bear Co. estimates that 3% of its accounts receivable will not be collected. The accounts receivable balance at the end of the year is $300,000. The Allowance for Doubtful Accounts has a credit balance of $2,200. What is the journal entry to record Bad Debt expense for the year? Select one: a. Dr. Bad debt expense $9000 Cr. Allowance for doubtful accounts $9000 O b. Dr. Bad debt expense $6800 Cr. Allowance for doubtful accounts $6800 . Dr. Allowance for doubtful accounts $11,200 Cr. Bad debt expense $11,200 O d. Dr. Allowance for doubtful accounts $6800 Cr. Bad debt expense $6800