Under the allowance method, the entry to writeoff an uncollectible account of $2,800 includes a O Debit to Accounts Receivable for $2.800 and a credit to Allowance for Doubtful Accounts for $2.800. Debit to Bad Debts Expense for $2,800 and a credit to Accounts Receivable for $2,800 Debit to Bad Debts Expense for $2,800 and a credit to Allowance for Doubtful Accounts for $2,800. Debit to Allowance for Doubtful Accounts for $2,800 and a credit to Accounts Receivable for $2.800. D Question 5 of the reporting of Bad Debts Expense when using the allowance method? Which accounting principle guides the timing of the reporting of Bad Debts Expense when using the allowance method? O Matching principle. O Going-concern principle. O Measurement principle. Cost/benefit analysis.. 14 Question 6 om had a balance in Accounts Receivable of $40,000 (debit) and a balance in Allowance for Doubtful Accounts of $4500 toda The ABC Company had a balance in Accounts Receivable of $40,000 (debit) and a balance in Alowance for Bordat het before receiving the check below. ABC unexpectedly received a check for $eo from DEF Company which was uslomakettunutCum allowance method of accounting for bad debts. After the entries to record the receipt of the 5800 from DEF, what will be the laten Accounts Receivable and Allowance for Doubtful Accounts? Accounts Receivable $40,800 and Allowance for Doubtful Accounts 54,500 Accounts Receivable $40,000 and Allowance for Doubtful Accounts $4.500 Accounts Receivable $40,800 and Allowance for Doubtful Accounts 55.300 Accounts Receivable $40.000 and Allowance for Doubtful Accounts $5,300. 1:45 Question 7