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Using the percentage-of-receivables basis, the uncollectible accounts for the year is estimated to be $20,000. If the balance for the Allowance for Doubtful Accounts is

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Using the percentage-of-receivables basis, the uncollectible accounts for the year is estimated to be $20,000. If the balance for the Allowance for Doubtful Accounts is a $4,000 credit before adjustment, what is the amount of bad debt expense for the period? $4,000 O a. $8,000 Ob. $16,000 Oc $24,000 d

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