Troy Company uses the allowance method to account for uncollectible accounts. It's year-end unadjusted trial balance shows Accounts Receivable of $100,000, Allowance for Doubtful Accounts of $775 credit), and Sales of $720,000. If uncollectible accounts are estimated to be of Accounts Receivable, what is the amount of the Bad Debt Expense adjusting entry? $775 . $1.225 $2.000 $18,400 $2.775 Question 17 2 pts Major Company is authorized to issue 10,000 shares of common stock and has 7.000 shares outstanding on September 1, the company declared a $0.25 per share cash dividend. The September 1 journal entry to record the dividend decoration is as follows: Debit Retained Earnings $1.750, credit Common Dividend Payable $1,750 Debit Common Dividend Payable $2.500 Credit Cash $2.500 Debit Common Dividend Payable $1,750, credit Cash $1750 Debit Retained Earnings $2.500 credit Common Dividend Payable $2.500 Question 18 Cash appears on which financial statement